Obama slams Trump for promising to roll back Wall Street reforms

By REUTERS
June 2, 2016 00:10

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later



ELKHART - US President Barack Obama slammed Donald Trump's proposal to weaken Wall Street reforms and touted his own economic record on Wednesday during a trip to a city he visited three weeks into his presidency that has recovered from its recession lows.



Obama's remarks in Elkhart, Indiana, foreshadowed the arguments he is likely to make on the campaign trail this fall against the likely Republican presidential nominee.



Obama did not mention Trump by name, but he lambasted the billionaire's policy proposals, particularly his promise to dismantle most of the US Dodd-Frank financial regulations.



"How it is that somebody would propose that we weaken regulations on Wall Street? Have we really forgotten what just happened eight years ago?" Obama said, sounding exasperated.



"The notion that you would vote for anybody who would now allow them to go back to doing the same stuff that almost broke our economy's back makes no sense. I don't care whether you are a Republican, or a Democrat or an independent, why would you do that?"

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
November 18, 2018
Levin: Replacing the government now would give Hamas a second prize

By JERUSALEM POST STAFF