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OBAMA: So let's look towards the future with a renewed sense of common purpose, a renewed determination, and most importantly, renewed confidence that a better day will come.

All right. With that, let me take some questions. And I've got a list here.

Let's start off with Jennifer Loven, AP.

Q: Thank you, Mr. President. Your treasury secretary and the Fed chairman were on Capitol Hill today asking for this new authority that you want to regulate big, complex financial institutions.

But given the problems that the financial bailout program has had so far _ banks not wanting to talk about how they're spending the money, the AIG bonuses …