Obama: Trump Would Heighten Risk Of New Financial Crisis

President Barack Obama has claimed that Republican presidential candidate Donald Trump would increase the risk of a new financial crisis and serve the interests of his fellow billionaires. Speaking in Elkhart, Indiana, the first city he visited after becoming president, Obama also attempted to defend his own economic record against claims his poor performance has fuelled the rise of anti-establishment candidates such as Trump and Bernie Sanders. The Guardian quotes the President as saying: “The one thing I can promise you is if we turn against each other based on divisions of race or religion, if we fall for a bunch of okey doke just because it sounds funny or the tweets are provocative, then we’re not going to build on the progress that we’ve started.” “If we get cynical and just vote our fears, or if we don’t vote at all, we won’t build on the progress that we’ve started.” The President said that he had introduced the toughest Wall Street laws in US history and created a new consumer watchdog to prevent a repeat of the last crisis. “The Republican nominee for president has already said he’d dismantle all these rules that we passed,” Obama added. “That is