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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.

1:20 P.M. EST