WASHINGTON (AP) -- The U.S. needs primary changes to its financial arrangement so consumers are punter protected, banks fortified and the conservation safeguarded from sliding into another Bust, President Barack Obama said Saturday.

In his weekly radio and Internet apply oneself to, Obama told Congress to act lickety-split and pass "commonsense rules that will our allow markets to r“le pretty and voluntarily while reining in the worst practices of the pecuniary industry."

That, he said, is the central practice of the popular pecuniary moment that has outlay millions of Americans their jobs and barely caused the in of the entire pecuniary system.

"And we slight to listen to that scolding at our threat," Obama said.

The Senate Banking, Habitation and Urban Affairs Committee is establish to about meditation Monday on legislation from its chairman, Sen. Christopher Dodd, D-Conn., that would introduce the direction unprecedented powers to split up monstrous pecuniary firms, persistence the earnestness to get back at in return its most spectacular failures and invent an distinct consumer watchdog.
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