The Presidential Planner

Apr 22, 2010 6:50am

ABC News' Sunlen Miller reports: President Obama today will travel to New York City this morning to deliver his much-anticipated speech on financial regulatory reform at Cooper Union. The president will remind, "Americans what’s at stake in the push to reform Wall Street and how the bill in the Senate draws on ideas from both sides of the aisle. The President will urge Wall Street to join him in the effort to reform the financial system — not fight it — and to lean on Washington to pass the tough Wall Street reform bill in front of the Senate that protects consumers, ends Too Big to Fail and brings transparency to the derivatives market," the White House says. The audience will include leaders from the financial industry, members of the President’s Economic Recovery Advisory Board, consumer advocates, representatives of the millions of people impacted by the downturn of the economy, local elected officials and Cooper Union students and faculty. White House press secretary Robert Gibbs said yesterday, that today’s speech will, “remind the American people and the Senate what we all have at stake as we move forward, and hopefully get   something passed out of the Senate.” According to prepared remarks released in advance of today’s speech, the president will single out industry lobbyists. “I am here today because I want to urge you to join us, instead of fighting us in this effort.  I am here because I believe that these reforms are, in the end, not only in the best interest of our country, but in the best interest of our financial sector.  And I am here to explain what reform will look like, and why it matters.” After returning back to the White House Mr. Obama will meet with Secretary of the Treasury Tim Geithner in the Oval Office. In the early evening the president will deliver remarks at an Earth Day reception in the Rose Garden, celebrating the 40th Anniversary of Earth Day. “We have more work to do, however, and change will not come from Washington alone.” Obama said in a presidential proclamation signed for Earth Day, “The achievements of the past were possible because ordinary Americans demanded them, and meeting today's environmental challenges will require a new generation to carry on Earth Day's cause. From weatherizing our homes to more planting trees in our communities, there are countless ways for every American, young and old, to get involved.” -Sunlen Miller

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