Wall Street Reform Package heating up

THE WHITE HOUSE

Office of the Press Secretary

_________________________________

FOR IMMEDIATE RELEASE

April 19, 2010

Statement by Press Secretary Robert Gibbs

On Thursday, President Obama will travel to New York City where he will deliver remarks at Cooper Union on Wall Street reform. Almost two years after the crisis hit and almost one year after the Administration first laid out a detailed plan for holding Wall Street accountable and protecting consumers, he will call for swift Senate action. The crisis has already wiped out trillions of dollars in family wealth and cost over 8 million jobs. The President will also remind Americans what is at stake if we do not move forward with changing the rules of the road as a part of a strong Wall Street reform package.

More details will be announced when they become available.