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"I think people are frustrated and the protesters are giving voice to a more broad-based suspicion about how our financial system works," Obama told reporters in a televised speech.
Many members of the press grimaced when Mr. Obama suggested that he would use the Dodd-Frank legislation as a base for his upcoming re-election campaign, essentially implying that he would try to politicize the ancient anti-Wall Street populist movement.
The president did add that banks can charge what they like as long as there is accountability and transparency, and that he felt it was appropriate for the government to play an oversight role.
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