# 2010-06-26 President Obama's Weekly Address

Weekly Address: President Obama Urges Congress to Complete Work on Wall Street Reform Bill. 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. It also creates a resolution authority to wind down firms whose collapse would threaten the entire financial system. Wall Street reform will end taxpayer funded bailouts and make sure Main Street is never again held responsible for Wall Street’s mistakes.

- Kind: Short
- Year: 2010
- Runtime: 3 min
- By: The White House
- Archive: [Wikimedia Commons](https://commons.wikimedia.org/wiki/File:2010-06-26_President_Obama%27s_Weekly_Address.ogv)
- Licence or status: Public domain (as the archive states it)
- Credit: The White House
- Who can watch: Teens profiles and older (the archive gives no rating; placed by Invisible Network from its collection and subjects)

[Watch now](https://invisiblenetwork.ai/watch/archive/commons/16382360?play=1)