POLITICS
11/15/2009 05:12 am ET Updated May 25, 2011

Obama: I Will "Do Everything I Can" To Stop Banks From Killing Safety Agency

President Barack Obama said job losses are "bottoming out" and the U.S. economy looks to be growing again even as he warned against cutting off government aid "so soon that the recovery doesn't take flight. [...]

He vowed "to do everything I can" to fight banking industry efforts to kill his proposal for a financial products safety agency and stuck by his call to make the Federal Reserve responsible for ensuring the stability of the overall system.

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