Obama pressing lenders to increase lending

President Barack Obama met with top financial industry executives Monday. The session was behind closed doors, but it was no secret what message Obama was delivering to the bankers: Get back to lending.

The President gave a preview of what he was going to tell the bankers in a “60 Minutes” interview on CBS Sunday evening. “I did not run for office to be helping a bunch of, you know, fat cat bankers on Wall Street,” he told Steve Croft.

Full story is available on rbr.com

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