Obama steps up campaign against Wall Street banks

President Barack Obama speaks about financial reform, Thursday, Jan. 21, 2010, at the White House in Washington. From left are, Council of Economic Advisers Chair Christina Romer, Treasury Secretary Timothy Geithner, House Financial Services Committee Chairman Rep. Barney Frank, D-Mass., the president and Economic Recovery Advisory Board chair Paul Volcker. (AP Photo/Charles Dharapak) (AP Photo/Charles Dharapak)

January 21, 2010 10:39:16 AM PST
President Barack Obama stepped up his campaign against Wall Street on Thursday with a far-reaching proposal for tougher regulation of the biggest banks.