POTUS - More regulation is needed, excutive orders coming

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The ink is barely dry on the post-crisis financial reforms, but President Obama says more is needed.

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"That's going to require some further reforms. That's going to require us looking at additional steps that we can take," Obama said in an interview with the public radio program "Marketplace."

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He suggested some would come from Washington and other changes require "restructuring the banks themselves -- how they work internally."

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It seems unlikely additional financial industry reforms would move smoothly through divided Washington, and the majority of Obama's efforts on the economy have focused on wages and college costs. He has pledged what he calls a pen-and-phone approach to accomplish his priorities through executive orders and the bully pulpit

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