Kentucky Local News, Weather, Sports | Lexington, KY | WKYT

Obama warns GOP not to undo Wall Street law

WASHINGTON (AP) - President Barack Obama and Republican Mitt Romney are keeping one eye on the weather as each man launches a final campaign sprint to election day.

The president heads to New Hampshire today while Romney hits Florida. But a storm barreling toward the East Coast - and some battleground states - has both campaigns adjusting schedules and canceling events.

Meanwhile, the president is warning congressional Republicans to leave the new financial regulations alone.

In his Internet and radio address today, Obama says the Consumer Financial Protection Bureau and other regulators recently cracked down on three credit card companies, ordering them to pay $400 million to people who were misled into making purchases they didn't want.

But he says Republicans, "backed by an army of financial industry lobbyists," have been "waging an all-out battle to delay, defund and dismantle these new rules."

For the GOP, Missouri congressional candidate Ann Wagner promoted Mitt Romney for president, called for changing the U.S. tax code, which she called a "72,000-page monstrosity," and urged the repeal of Obama's health care law.

She says Obama has overseen "more spending, more red tape, more debt and decline."


WKYT

2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 176097971 - wkyt.com/a?a=176097971
Gray Television, Inc.