This morning, Senior Advisor Brian Deese sent the following message to the White House email list, detailing some of the steps the President will take over the coming weeks to help working- and middle-class families across America.
In the President's State of the Union address, he laid out his vision for Middle-Class Economics — the theory that we can continue the progress we have made by promoting policies that build the economy from the middle out. In the run-up to the State of the Union and since, he has outlined specific proposals to achieve that goal — in housing, jobs, education, to name a few.
The President's emphasis on Middle-Class Economics has begun to work — delivering concrete benefits to families across the country and driving the policy debate in Washington as well. Over the next several weeks, the President will keep his foot on the gas by bringing forward new, concrete actions to strengthen the economic standing of working- and middle-class families.
This starts today, with the President announcing a new executive action to help more hardworking Americans save for retirement by cracking down on hidden fees that hurt consumers and back-door payments that help Wall Street brokers. Speaking at the AARP, the President will be joined by champions of consumer rights issues, including Senator Elizabeth Warren and Richard Cordray, Director of the Consumer Financial Protection Bureau, to announce this new move.
And that's just the beginning. Over the next several weeks, the President will announce new steps to protect consumers, make college more affordable, and help boost the wages of working and middle-class families trying to make ends meet.