奥巴马总统每周电台演讲（2016年7月23日）

Weekly Address: Protecting the Progress We’ve Made with Wall Street Reform

The White House

July 23, 2016

President Obama: Hi, everybody. I’m here with Senator Elizabeth Warren, one of our strongest advocates for families and consumers like you. And today, we want to talk to you about some of the actions we’ve taken to protect everything you’ve worked so hard to build.

Eight years ago, after some big banks made irresponsible and risky bets with your money, we almost slipped into another Great Depression. While the recklessness started on Wall Street, it didn’t take long before it led to real pain for folks on Main Street. It would cost millions of our fellow Americans their jobs, homes, and savings.

Elizabeth Warren: You know, the financial crisis wasn’t an unstoppable act of nature. The whole thing could have been avoided, but we didn’t have rules in place to stop Wall Street from taking enormous risks that threatened the economy. We didn’t have strong protections to keep consumers from being cheated by tricks and traps on financial contracts.

President Obama: So, when I took office in the darkest days of the crisis, I promised you we wouldn’t just recover from the crisis – we’d rebuild our economy on a new foundation to make sure crisis like that never happens again.

Elizabeth Warren: And President Obama delivered. He signed into law the toughest Wall Street reforms and strongest consumer protections in generations. Now, trust me – I’m a pretty tough grader. These new rules are making our financial system more transparent, getting rid of a lot of fine print, and making sure that if a bank screws up, you have someone to call so you don’t get stuck with the bill.

President Obama: And these reforms have already made our financial system safer and more resilient. And part of passing those strong consumer protections meant establishing the first-ever Consumer Financial Protection Bureau, based on an idea that Senator Warren came up with before the crisis even began.

Elizabeth Warren: And every day, the good people at that independent agency crack down on dishonest and deceptive practices like the ones that helped cause the crash. The proof is in the more than 27 million consumers who, in just five years, have gotten refunds and other relief from credit card companies, payday lenders, debt collectors, and others who tried to rip them off.

President Obama: Before the Consumer Financial Protection Bureau, you didn’t have a strong ally to turn to if your bank took advantage of you, or you were being harassed or charged inappropriate fees. Now you do.

Elizabeth Warren: And the Bureau is also there to help you make better-informed decisions. Before you take out a mortgage, or a loan for college or a new car, check out the agency’s website – CFPB.gov. It can help you sift through the confusing but very important details.

President Obama: Republicans and big banks who opposed these commonsense rules claimed they’d hurt the economy. But we’ve seen what happened to the economy when we didn’t have these rules in place. And despite their claims, our economy is stronger today than it was before the crisis. Since we dug out from the worst of it, our businesses have added almost 15 million new jobs. Corporate profits are up, lending to businesses is up, and the stock market has hit an all-time high. So, the idea this was bad for business just doesn’t hold water. Now, our task should be making sure we build on those gains, and make sure they’re felt by everybody.

Elizabeth Warren: But every year, like clockwork, big banks and their Republican allies in Congress try to roll back these protections and try to undermine the consumer watchdog, whose only job is to look out for you. Their nominee for President promises to dismantle all of it. Now, look, they may have forgotten about the crisis, but working families sure haven’t. We haven’t either. And that’s why we’re not going to let them give Wall Street the ability to threaten our economy all over again.

President Obama: But whether you’re a Democrat, a Republican, or an independent, if you’re a hardworking American who plays by the rules, you should expect Wall Street to play by the rules, too. And that’s what we’re fighting for.

Elizabeth Warren: Yeah, it’s about basic fairness for everyone.

President Obama: And it’s about responsibility from everyone. Thanks to leaders like Senator Warren, our country, our economy, and our families are better off. Let’s keep it that way. And thanks for being here, Senator Warren.

Elizabeth Warren: Thanks for having me, Mr. President.

President Obama: Have a great weekend, everybody.