Obama to promote Consumer Financial Protection Agency, meet with team on Afghanistan, Pakistan

October 6th, 2009 President meets with lawmakers on Afghan policyWASHINGTON — President Barack Obama keeps his attention on global terror and security matters on Tuesday, as he continues a series of meetings with advisers and others on Afghanistan. In the morning, he'll visit the National Counterterrorism Center in Washington and meet with top officials there.

September 23rd, 2009 Obama tries to reclaim debate on financial reformWASHINGTON — Treasury Secretary Timothy Geithner says he supports revisions to the administration's financial reform plan that were proposed by Rep. Barney Frank.

July 16th, 2009 Fed: consumer duties should stay at central bankWASHINGTON — The Federal Reserve on Thursday attempted to snuff out a White House proposal that would remove some of its consumer oversight duties, arguing that the central bank's expertise would be difficult to rebuild elsewhere. Fed member Elizabeth Duke told a House Financial Services subcommittee that there's a "compelling case" for leaving those consumer protection responsibilities at the Fed.

June 30th, 2009 Obama: consumer agency to enforce financial rulesWASHINGTON — President Barack Obama says his new Consumer Financial Protection Agency will protect Americans from unscrupulous practices and make financial products easier to understand. The president sent Congress a 152-page bill to create the new agency, a key element in the sweeping overhaul of financial rules the administration unveiled two weeks ago.

June 30th, 2009 A look at the proposed consumer financial watchdogA look at Obama's proposal to create a Consumer Financial Protection Agency: —The agency would oversee products used by consumers such as mortgages, credit cards, payday loans and terms on savings accounts. —The agency would be in charge of implementing a law passed by Congress this spring that protects consumers from sudden interest rate increases on unpaid credit card balances.

June 24th, 2009 Frank endorses consumer-protection agencyWASHINGTON — House Financial Services Chairman Barney Frank said Wednesday he supports the creation of a new government agency that would protect consumers from subprime mortgages and other high-risk financial products. The agency is a central component of President Barack Obama's broader plan to usher in a new era of regulations on banks and other financial institutions after lax oversight led to the worst economic crisis in decades.

June 23rd, 2009 Obama: Bernanke doing good jobWASHINGTON — President Barack Obama says Federal Reserve Chairman Ben Bernanke is doing a fine job under difficult circumstances but he declines to say whether he will reappoint the chairman in January. Obama said he would not make news about Bernanke at a White House press conference Tuesday.

June 22nd, 2009 Obama aide to visit Afghanistan, Pakistan, IndiaWASHINGTON — President Barack Obama's national security adviser is traveling to Afghanistan and Pakistan. White House spokesman Mike Hammer said Monday that the president tasked Gen.

June 19th, 2009 Summary Box: Banks seek to derail consumer agencyTHE PROPOSAL: As part of sweeping efforts to overhaul the financial system, the Obama administration wants to create a new agency to protect consumers from risky or deceptive products. THE DETAILS: The Consumer Financial Protection Agency, if approved by Congress, would have broad authority to protect consumers of credit, savings and other consumer financial products and services.

June 17th, 2009 Romer, Boehner, debate new financial regulationsWASHINGTON — White House adviser Christina Romer said Wednesday the Obama administration's proposal to overhaul the financial regulatory system should be accepted by Congress because "the status quo is not an option." At the same time, the leading House Republican Leader John Boehner said that while the GOP agrees on many aspects of financial regulatory change now being proposed, members of his party worry about the government taking too large a role. "If you look deeply ...

May 1st, 2009 Obama to meet with Afghan, Pakistan leadersWASHINGTON — The White House says President Barack Obama will meet Wednesday with Afghanistan President Hamid Karzai and Pakistan President Asif Ali Zardari to discuss their troubled region. White House spokesman Robert Gibbs said Friday that Obama would meet jointly and separately with the two at the White House.

May 1st, 2009 White House: Obama to meet with Karzai, ZardariWASHINGTON — The White House says President Barack Obama will meet Wednesday with Afghanistan President Hamid Karzai and Pakistan President Asif Ali Zardari to discuss their troubled region. White House spokesman Robert Gibbs said Friday that Obama would meet jointly and separately with the two at the White House.

April 1st, 2009 LONDON - Declaring Pakistan as the 'epicentre' of world terrorism, Prime Minister Manmohan Singh has urged the world's most powerful countries to rid both Pakistan and Afghanistan of terrorism. 'We all know the epicentre of terrorism in the world today is Pakistan.

March 31st, 2009 ISLAMABAD - Prime Minister Yusuf Raza Gilani Tuesday said US President Barack Obama was being 'unfair' in comparing Pakistan with Afghanistan in the war against terror. 'Comparing Pakistan with Afghanistan would be unfair,' the official APP news agency quoted him as saying when asked to comment on Obama's new AfPak policy unveiled last week.

March 27th, 2009 WASHINGTON - US President Barack Obama Friday announced his long-awaited new strategy for Afghanistan and Pakistan, saying the situation in Afghanistan has become 'increasingly perilous'. Obama said that Afghanistan could not be allowed to come under the control of the Taliban or the Al Qaeda, which he said, was plotting new attacks on the United States from safe havens in Pakistan.