TPMDC G20 Summit
2010 elections
TPMDC Morning Roundup
G-20 Refuses To Back US Push On China's Currency
The Associated Press reports: "Leaders of 20 major economies on Friday refused to back a U.S. push to make China boost its currency's value, keeping alive a dispute that raises fears of a global trade war amid criticism that cheap Chinese exports are costing American jobs. A joint statement issued by the leaders including President Barack Obama and China's Hu Jintao tried to recreate the unity that was evident when the Group of 20 rich and developing nations held its first summit two years ago during the global financial meltdown. But deep divisions, especially over the U.S.-China currency dispute, left G-20 officials negotiating all night to draft a watered-down statement for the leaders to endorse."
Obama Arrives In Japan For Second Economic Summit
The Associated Press reports: "President Barack Obama has arrived in Japan to attend a regional economic summit. It is the fourth and final stop on the president's 10-day, four-country economic and goodwill tour of Asia. The president will spend Saturday and Sunday participating in meetings of the Asia-Pacific Economic Cooperation forum. The group of 21 economies is taking steps to create a sprawling Pacific-wide free trade zone."
Topics: 2010 elections, Barack Obama, Ben Bernanke, Chamber of Commerce, China, Federal Reserve, G20 Summit, Health Care, Roundup
Roundup
TPMDC Saturday Roundup
Obama: 'We Now Stand on The Verge Of Victory' On Financial Reform
In this weekend's YouTube address, President Obama promoted the financial reform package that has been making its way through Congress.
"Getting this far on Wall Street reform hasn't been easy. There are those who've fought tooth and nail to preserve the status quo. In recent months, they've spent millions of dollars and hired an army of lobbyists to stop reform dead in its tracks," said Obama. "But because we refused to back down, and kept fighting, we now stand on the verge of victory. And I urge Congress to take us over the finish line, and send me a reform bill I can sign into law, so we can empower our people with consumer protections, and help prevent a financial crisis like this from ever happening again."
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (0)Topics: 2010 elections, Arnold Schwarzenegger, Barack Obama, Budget, CA-GOV, Elena Kagan, Financial Reform, G20 Summit, G8 Summit, Paul Ryan, Roundup, Sarah Palin, Supreme Court, Supreme Court vacancy
Follow us!
TPM Top News
© 2010 TPM Media LLC. All Rights Reserved.
