From The Associated Press
President Barack Obama is defending Vice President Joe Biden against criticism of his remarks that Republican repeal of Wall Street regulations would put voters â€œback in chains.â€
In an interview with People magazine on Wednesday, Obama said Bidenâ€™s remarks meant consumers would be worse off if Republicans succeeded in doing away with new restraints on financial institutions.
â€œIn no sense was he trying to connote something other than that,â€ Obama said.
Biden made the comments Tuesday in Danville, Va., while saying that Republicans want to deregulate financial institutions â€” or, as Biden put it, to â€œâ€˜unchain Wall Street.â€
Read more at The Associated Press