Obama Cooper Union Address

President Barack Obama just gave  a morning address at Cooper Union College, New York City. The Cooper Union address will be tackling topics within financial regulatory reform. 5 main topics and demands that were covered by the speech were the following:

  • 1. Protect taxpayers from too-big-to-fail firms
  • 2. Impose the Volcker rule in stopping firms from “proprietary trading” (making large bets with their own money)
  • 3. Make derivatives trades transparent
  • 4. Create a consumer protection agency
  • 5. Institute pay reforms to give investors a say over executive pay

For a complete view of President Obama’s Cooper Union Speech, just simply click on the link.

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