Oval Office

1:18 P.M. EST

THE PRESIDENT: Today we’re signing core principles for regulating the United States financial system. It doesn’t get much better than that, right?

THE PRESIDENT: Would you like to —

MS. WAGNER: It’s my baby. (Laughter.)

THE PRESIDENT: Why don’t you explain this.

MS. WAGNER: What we’re doing is we are returning to the American people, low- and middle- income investors, and retirees, their control of their own retirement savings. This is about Main Street, and it’s been a labor of love for me for over four years as chairman. And I have had — this is a big day, a big moment for Americans. (Inaudible.)

THE PRESIDENT: And she means that so much.

(Executive order is signed.)

THE PRESIDENT: Chairman, I think we should hand the pen to this very special person.

PARTICIPANT: Absolutely, Mr. President. She earned it. She earned it.

THE PRESIDENT: Thank you.

MS. WAGNER: Thank you. I’m grateful.

Q Mr. President, do you have anything to say about the decision to make the Iran — should they be expecting more?

THE PRESIDENT: They’re not behaving.

END

1:20 P.M. EST