The White House says President Barack Obama is summoning top economic advisers for a meeting Friday to talk about creating new jobs and doubling U.S. exports over the next five years.
Deputy White House Press Secretary Bill Burton disclosed Obama's plans to reporters while traveling with the president to Florida Thursday. Burton said Obama plans at the White House session to discuss the "urgent need to pass strong financial reform legislation," and wants additional momentum for that effort.
The spokesman said Obama will talk specifically about steps he believes the administration must take to strengthen the oversight of derivatives — investment products that contributed to the nation's near financial collapse in the fall of 2008.
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