Read about it here. Here are excerpts:
The closed-door meeting [with President Obama] included Richard Cordray, the newly-confirmed
director of the Consumer Financial Protection Bureau, as well as the
chairs of the board of governors of the Federal Reserve System, the
Commodity Futures Trading Commission, the Federal Deposit Insurance
Corporation and the U.S. Securities and Exchange Commission. Obama … urge[d] them to put rules and
regulations in place outside of the influence of Wall Street firms and
large financial institutions seeking to water down the Dodd-Frank law,
White House Principal Deputy Press Secretary Josh Earnest said at a
press conference. "He's going to convey to them the sense of urgency that he feels
about getting these regulations under Wall Street reform implemented
promptly, and most importantly implemented in a way that protects the
long-term stability of our financial system and the financial interests
of middle class families across the country," Earnest said.
