Obama urges financial industry to rebuild trust

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Obama urges financial industry to rebuild trust

(AP) - President Barack Obama is telling Wall Street totake steps on its own to rebuild trust with the public, and notwait for Congress to legislate the tighter oversight of theindustry he is pushing.

News 12 Staff

•

Sep 14, 2009, 12:29 PM

•

Updated

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Local

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Toll of Commuting

79°

Local

Crime

Weather

Politics

Toll of Commuting

Obama urges financial industry to rebuild trust

(AP) - President Barack Obama is telling Wall Street totake steps on its own to rebuild trust with the public, and notwait for Congress to legislate the tighter oversight of theindustry he is pushing.

Top Stories

Bayonne falls 6-0 to Davenport, remains alive in Little League World Series

Sunny skies, with warm temperatures start to the new work week across New Jersey

Manasquan Beach reopened to swimmers after more than 60 syringes wash ashore

11 residents displaced by second-alarm fire in Montclair

Power & Politics: Exclusive interview with House Speaker Mike Johnson and Rep. Mike Lawler

Jersey City Council bans A.I. data centers from being built in the industrial district

2 killed after stolen car crashes in Hamilton Township

Point Pleasant man charged in Asbury Park swastika graffiti incidents

Small earthquake rattles part of NJ

This is New Jersey’s favorite beer, according to a new report

NJ lost an estimated 25,600 jobs in July as unemployment rate fell

Paterson man arrested in NYC in connection with car burglary, airbag theft spree

Former South Jersey PTO treasurer sentenced for stealing nearly $100K

A glimpse of future air travel? Hybrid-electric aircraft makes stops in NJ

Fugitive accused of sexually assaulting 5-year-old extradited from Mexico to NJ

Bridgewater fire officials seek driver accused of running over, damaging hose during fire

19-year-old identified in fatal Route 27 crash; police say he was riding electric motorcycle

Juvenile seriously injured in Turnpike crash involving state police vehicle

SUV catches fire on Turnpike in Carteret

Paterson public art exhibition honors immigrants who helped shape North Jersey