Presidential Remarks on Small Businesses

President Obama and Treasury Secretary Geithner spoke to small business owners, community lenders, and members of Congress. Speaking… read more

President Obama and Treasury Secretary Geithner spoke to small business owners, community lenders, and members of Congress. Speaking to small business owners in the East Room, they described their plan to reduce lending fees, ease the tax burden and boost bank liquidity to get credit rolling. Under the plan, to be implemented by the end of March, the Treasury Department would begin making direct purchases of securities backed by loans guaranteed by the Small Business Administration, and would purchase new securities. During his remarks, President Obama also criticized plans by American International Group (AIG) to pay bonuses to many executives. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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Presidential Remarks on Small Businesses

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Program ID:
284656-3
Category:
White House Event
Format:
Speech
Location:
East Room, White House, Washington, District of Columbia, United States
First Aired:
Mar 16, 2009
Last Aired:
Mar 17, 2009

Airing Details

  • Mar 16, 2009 | 12:13pm EDT | C-SPAN 1
  • Mar 16, 2009 | 1:01pm EDT | C-SPAN 1
  • Mar 16, 2009 | 5:22pm EDT | C-SPAN 1
  • Mar 16, 2009 | 9:49pm EDT | C-SPAN 1
  • Mar 17, 2009 | 1:07am EDT | C-SPAN 1
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