Obama: US can’t afford to see financial reform killed

WASHINGTON, April 26 (BestGrowthStock) – President Barack Obama
said on Monday he was “deeply disappointed” after Senate
Republicans blocked debate on a financial regulatory reform
bill and said the American people cannot afford to see the
legislation derailed.

“Some of these Senators may believe that this obstruction
is a good political strategy, and others may see delay as an
opportunity to take this debate behind closed doors, where
financial industry lobbyists can water down reform or kill it
altogether. But the American people can’t afford that,” Obama
said in a statement.

“The reform that both parties have been working on for a
year would prevent a crisis like this from happening again, and
I urge the Senate to get back to work and put the interests of
the country ahead of party,” he said.

Stock Report
(Reporting by Matt Spetalnick)

Obama: US can’t afford to see financial reform killed