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With Congress having finalized a strong Wall Street reform bill, the President urges Congress to finish the job and send the bill to his desk. The legislation reflects 90% of what the President originally proposed, including the strongest consumer financial protections in history with an independent agency to enforce them. It ensures that the trading of derivatives, which helped trigger this crisis, will be brought into the light of day, and enacts the “Volcker Rule,” which will make sure banks protected by safety nets like the FDIC cannot engage in risky trades.

The President calls on Republicans in Congress to put scoring political points aside, and instead to focus on solving the problems facing the nation. At the time of this address, the Republican leadership is blocking progress on a bill to boost the economy, retain jobs for teachers and cops, and help people buy their first home.