Obama Goes After Rip-Off Artists

President Obama highlights the work of the new independent consumer watchdog he fought to create, which stands up for consumers and protects Americans from mistakes made by the companies who determine your credit scores. Republicans in Congress have tried to roll back consumer protections that help prevent big banks from creating another financial crisis, but the President refuses to let that happen and will continue to fight for working Americans as we move this country forward.

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I believe that the free market is one of the greatest forces for progress in human history, and that the true engine of job creation in this country is the private sector, not the government.

But I also believe that the free market has never been about taking whatever you want, however you can get it. Alongside our innovative spirit, America only prospers when we meet certain obligations to one another, and when we all play by the same set of rules.

We've come too far -- and sacrificed too much -- to go back to an era of top-down, on-your-own economics. And as long as I'm President, we're going to keep moving this country forward so that everyone -- whether you start a business or punch a clock -- can have confidence that if you work hard, you can get ahead.

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