Today, on the one year anniversary of the collapse of Lehman Brothers,
President Obama is speaking on Wall Street, addressing the need for
regulatory reforms to the financial sector. Since taking office the
president has led a coordinated global response to the worst economic
crisis since the Great Depression.
After 50 years of failed policy, this week new legislation is being introduced in the Senate and the House to revise our policies towards Cuba and lift the travel embargo. This first step is long past due. There is almost universal agreement amongst foreign policy experts that our Cuba policy has been a failure.
President Obama’s trip to Canada – his first trip abroad since taking office – promises to strike a new tone and to begin to reverse the decay that has occurred in our key relationships over the last eight years. Renewing the North American partnership is vital to addressing key global and domestic challenges.