Obama Urges Oversight of Financial Markets, Supports Congestion Pricing

By
Bob Hennelly
WNYC News | Jul 12, 2010

New York, NY —

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

Profile Image
Bob Hennelly

WNYC is funded by sponsors and member donations

WNYC Homepage - Top Stories

Jack Schlossberg, the Kennedy Running for Congress in New York. Plus, the Astronaut Reid Wiseman

The candidate on the role of social media in politics, and speaking out against his cousin R.F.K., Jr. Plus, the commander of NASA’s Artemis II mission on the dark side of the moon.
The New Yorker Radio Hour |

NJ Gov. Sherrill: If state police were too aggressive at Delaney Hall, we'll look into it

New Jersey Gov. Mikie Sherrill took call after call Wednesday night from people who told her state police had been overly aggressive in violent clashes with protesters outside the Delaney Hall immigration detention center this weekend.
Ask Governor Sherrill |

I.C.E.'s "Wartime Recruitment" Campaign

Hiring at the highest-funded U.S. law enforcement agency.
On the Media |

Ask the Mayor Recap and More News From City Hall

Elizabeth Kim discusses the issues Mayor Mamdani talked about in his first "ask the mayor" segment.
The Brian Lehrer Show |
YOU ARE ONLINE