まず英語の原文↓↓↓Hi, everybody. Five years ago, after the worst financial crisis in decades, we passed historic Wall Street reform to end the era of bailouts and too big to fail.
As part that reform, we created an independent Consumer Financial Protection Bureau with one mission: to protect American consumers from some of the worst practices of the financial industry.
They’ve already put $5 billion back in the pockets of more than 15 million families. And this week, they took an important first step towards cracking down on some of the most abusive practices involving payday loans.
Millions of Americans take out these loans every year. In Alabama, where I visited this week, there are four times as many payday lending stores as there are McDonald’s. But while payday loans might seem like easy money, folks often end up trapped in a cycle of debt. If you take out a $500 loan, it’s easy to wind up paying more than $1,000 in interest and fees.
The step the Consumer Financial Protection Bureau announced this week is designed to change that. The idea is pretty common sense: if you’re a payday lender preparing to give a loan, you should make sure that the borrower can afford to pay it back first.
As Americans, we believe there’s nothing wrong with making a profit. But there is something wrong with making that profit by trapping hard-working men and women in a vicious cycle of debt.
Protecting working Americans’ paychecks shouldn’t be a partisan issue. But the budget Republicans unveiled last week would make it harder, not easier, to crack down on financial fraud and abuse. And this week, when Republicans rolled out their next economic idea, it had nothing to do with the middle class. It was a new, more-than-$250 billion tax cut for the top one-tenth of the top one percent of Americans. That would mean handing out an average tax cut of $4 million a year to just 4,000 Americans per year, and leaving the rest of the country to pay for it.
I don’t think our top economic priority should be helping a tiny number of Americans who are already doing extraordinarily well, and asking everybody else to foot the bill. I think our top priority should be helping everybody who works hard get ahead. This country does best when everyone gets their fair shot, everyone does their fair share, and everyone plays by the same set of rules.
That’s what middle-class economics is all about, and as long as I’m your President, that’s what I’ll keep on fighting to do.
まず英語の原文↓↓↓ Hi, everybody. One of the most important positions in the President’s Cabinet – and to our national security, our law enforcement, and our criminal justice system – is Attorney General.
It has been more than four months since I nominated Loretta Lynch to serve as the next Attorney General of the United States. For 30 years, Loretta has distinguished herself as a tough, fair, and independent attorney. As the U.S. Attorney for the Eastern District of New York, she successfully prosecuted the terrorists who plotted to bomb the Federal Reserve Bank and the New York City subway. She helped secure billions in settlements for people wronged by some of the world’s biggest banks. She’s been dogged in her pursuit of public corruption. She’s jailed some of New York’s most violent and notorious mobsters and gang members. And through it all, she’s worked closely with law enforcement and local communities to get the job done.
In short, her qualifications are superb. That’s why, in the past, the Senate easily confirmed Loretta to lead one of the most prominent U.S. Attorney offices in the country – not once, but twice.
Still – it has been more than four months since I nominated Loretta Lynch to serve as Attorney General.
And this time, Republican leaders in Congress won’t even let her nomination come up for a vote. In fact, by Monday, Loretta will have been languishing on the Senate floor for longer than the seven previous Attorneys General combined. Let me say that again – she will have been waiting for a simple yes-or-no vote on the Senate floor for longer than the seven previous Attorneys General combined.
No one can claim she’s unqualified. No one’s saying she can’t do the job. Senators from both parties say they support her. This is purely about politics. First, Republicans held up her nomination because they were upset about the actions I took to make our broken immigration system smarter and fairer. Now they’re denying her a vote until they can figure out how to pass a bill on a completely unrelated issue. But they could bring her up for a yes-or-no vote at any time.
Republicans promised that Congress would function smoothly with them in charge. Here’s a chance for them to prove it. Congress should stop playing politics with law enforcement and national security. They should support good people in both parties who want to reform our criminal justice system. And that means they should end the longest confirmation process for an Attorney General in three decades, and give Loretta Lynch a vote.
まず英語の原文↓↓↓ Hi, everybody. Sunday is International Women’s Day -- a day to celebrate remarkable women and girls worldwide, and to re-dedicate ourselves to defending the fundamental rights and dignity of all people.
That’s why, this week, Michelle and I launched a new initiative on a topic that’s close to both our hearts: girls’ education.
It’s called “Let Girls Learn.” And its goal is to help more girls around the world go to school and stay in school. Right now, 62 million girls who should be in school, are not. And that’s not an accident. It’s the direct result of barriers, large and small, that stand in the way of girls who want to learn.
Maybe their families can’t afford the school fees. Maybe the risk of being hurt or kidnapped or even killed by men who will do anything to stop girls from learning is just too great. Or maybe they aren’t in school because they’re expected to get married and become mothers while they’re still teenagers -- or even earlier. In too many parts of the world, girls are still valued more for their bodies than for their minds. That’s just plain wrong. And we all have to do more to stop it.
That’s the idea behind “Let Girls Learn.” We’re making it clear to any country that’s our partner -- or that wants to be our partner -- that they need to get serious about increasing the number of girls in school. Our diplomats and development experts are already hard at work. Our Peace Corps volunteers will play a big role, too. And we’re putting our partnerships with NGOs, businesses and foundations to work on behalf of girls everywhere.
I come to this issue as the leader of the world’s largest economy, and Commander-in-Chief of the world’s most powerful military, and I’m convinced that a world in which girls are educated is a safer, more stable, more prosperous place. When girls are educated, their future children are healthier and better nourished. Their future wages increase, which in turn strengthens their families’ security. National growth gets a boost, too. And places where women and girls are treated as full and equal citizens tend to be more stable and more democratic.
But I also come to this issue as the father of two wonderful young women. And I know that there are lots of girls just like Malia and Sasha out there -- girls who are funny and caring and inquisitive and strong, and have so much to offer the world.
It’s a privilege to be the parent of girls. And we want to make sure that no girl out there is denied her chance to learn -- that no girl is prevented from making her unique contributions to the world. Because every girl -- every girl -- deserves our respect. And every girl deserves an education.
まず英語の原文↓↓↓ everybody. In America, we believe that a lifetime of hard work and responsibility should be rewarded with a shot at a secure, dignified retirement. It’s one of the critical components of middle-class life – and this week, I took new steps to protect it.
Six years after the crisis that shook a lot of people’s faith in a secure retirement, our economy is steadily growing. Last year was the best year for job growth since the 1990s. All told, over the past five years, the private sector has added nearly 12 million new jobs. And since I took office, the stock market has more than doubled, replenishing the 401(k)s of millions of families.
But while we’ve come a long way, we’ve got more work to do to make sure that our recovery reaches more Americans, not just those at the top. That’s what middle-class economics is all about—the idea that this country does best when everyone gets their fair shot, everybody does their fair share, and everyone plays by the same set of rules.
That last part—making sure everyone plays by the same set of rules—is why we passed historic Wall Street Reform and a Credit Card Bill of Rights. It’s why we created a new consumer watchdog agency. And it’s why we’re taking new action to protect hardworking families’ retirement security. If you’re working hard and putting away money, you should have the peace of mind that the financial advice you’re getting is sound and that your investments are protected.
But right now, there are no rules of the road. Many financial advisers put their clients’ interest first – but some financial advisers get backdoor payments and hidden fees in exchange for steering people into bad investments. All told, bad advice that results from these conflicts of interest costs middle-class and working families about $17 billion every year.
This week, I called on the Department of Labor to change that – to update the rules and require that retirement advisers put the best interests of their clients above their own financial interests. Middle-class families cannot afford to lose their hard earned savings after a lifetime of work. They deserve to be treated with fairness and respect. And that’s what this rule would do.
While many financial advisers support these basic safeguards to prevent abuse, I know some special interests will fight this with everything they’ve got. But while we welcome different perspectives and ideas on how to move forward, what I won’t accept is the notion that there’s nothing we can do to make sure that hard-working, responsible Americans who scrimp and save can retire with security and dignity.
We’re going to keep pushing for this rule, because it’s the right thing to do for our workers and for our country. The strength of our economy rests on whether hard-working families can not only share in America’s success, but can also contribute to America’s success. And that’s what I will never stop fighting for – an economy where everyone who works hard has the chance to get ahead.