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Posted by Kori Schulman: Tomorrow, the White House will hold a special session of “Office Hours” on Twitter moderated by Yahoo! Finance with Brian Deese, Deputy Director of the National Economic Council. Do you have questions on the economy and jobs? Ask them now using the hashtag #WHChat. On Friday, January 6th at 3:00 p.m. [...]
Posted by Matt Compton: President Barack Obama delivers remarks on the Defense Strategic Review in the Press Briefing Room at the Pentagon in Arlington, Va., Jan. 5, 2012. (Official White House Photo by Pete Souza) This morning, President Obama traveled to the Pentagon to discuss a major shift in the nation’s strategic military objectives [...]
Posted by Megan Slack: Nearly 20 million Americans use payday loans, which offer short-term funds at very high interest rates. Studies have found that the average interest charged on a two-week, $100 loan is about $16—a 400 percent interest rate. Many people who rely on payday loans are often in desperate need of cash, making them more [...]
Posted by Josh Earnest: Yesterday, the President traveled to Cleveland, Ohio to announce the appointment of Richard Cordray as America’s consumer watchdog. Mr. Corday has one job: look out for the best interest of American consumers. He’ll lead the Consumer Financial Protection Bureau and work tirelessly to protect millions of families across the nation from the [...]
