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Obama Turns Focus to Reshaping Financial System

April 12th, 2010 No comments

After claiming victory on health care overhaul, President Obama is now turning his attention to reshaping the financial regulatory system.

“I think it is one of the president’s top priorities now,” White House spokesman Robert Gibbs said this week.

As he did during the yearlong health care battle, the president has invited congressional Republicans and Democrats to meet with him on Wednesday to discuss proposals to overhaul financial regulations. And just like the health care debate, financial reform is becoming increasingly partisan.

Obama hopes the meeting with top lawmakers will help him forge a bipartisan agreement on the issue or at least help win over a few centrist Republicans.