Obama Urges Oversight of Financial Markets, Supports Congestion Pricing

Email a Friend

Speaking not far from Wall Street, Barack Obama told a Manhattan audience that the US needs better oversight of national financial markets, help for financially stressed homeowners and an additional $30 billion stimulus package.

REPORTER: Later, in an exclusive interview with WNYC, Senator Obama said he supports congestion pricing.

OBAMA: I think Mayor Bloomberg's proposal for congestion pricing is a thoughtful and innovative approach to the problem.

REPOTER: Obama said congestion pricing should not replace federal funding of mass transit.

Meanwhile in Raleigh, North Carolina, Hillary Clinton proposed a $2.5 billion job retraining program as a step in reviving the U.S. economy. She said that federal aid known as Pell Grants should be extended to workers taking classes to update their skills.

Hear the complete interview