A solid jobs report yesterday laid the foundation for President Barack Obama to continue his championing of causes to shore up the middle class in this morning's weekly address.
In addition to touting the positive job numbers, he discussed a forum he'll be holding next week at the White House that will focus on moving jobs back to America.
On Wednesday the White House will host a forum called “Insourcing American Jobs.” We’ll hear from business leaders who are bringing jobs back home and see how we can help other businesses follow their lead.
He discussed the job and mission of newly appointed Consumer Financial Protection Bureau head Richard Cordray:
Richard’s job is simple: to look out for you. Every day, his sole mission is to protect consumers from potential abuses by the financial industry and to make sure that you’ve got all the transparent information you need to make the important financial decisions in your lives.
And he explained his reasoning (damn obstructing Republicans!) for the position being filled via recess appointment:
I nominated Richard for this job last summer. And yet, Republicans in the Senate kept blocking his confirmation – not because they objected to him, but because they wanted to weaken his agency. That made no sense. Every day we waited was a day you and consumers all across the country were at greater financial risk.
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