President Barack Obama will appear at Federal Hall in New York City on Monday to deliver what the White House is billing as a major speech on the financial crisis.
Amid slumping poll ratings, Obama has begun to aggressively tout his handling of the financial crisis, which White House aides view as a strong point and which the administration is billing as no less than a rescue from the economic abyss. Obama began Wednesday nights health care address with remarks on the financial crisis, saying the economy had been pulled back from the brink."
Republican leaders argue that the stimulus bill passed earlier this year that is the centerpiece of Obamas economic recovery program was a bloated waste of money that took too long getting out the door.
According to a statement by the White House, Obama on Monday will discuss the aggressive steps the Administration has taken to bring the economy back from the brink, the commitment to winding down the government's role in the financial sector and the actions the United States and the global community must take to prevent a crisis like this from ever happening again."
The speech comes just a few days after Obama went to the House chamber to try to revive his health care reform initiative. The speech on the financial crisis signals the president's renewed focus on his domestic agenda, which has been the focus of GOP attacks this summer.
White House officials indicated this week that health care reform will continue to top the president's agenda. On Thursday, one day after his national address, Obama began hosting meetings with key Congressional Democrats to advance health care reform this year.