The White House
Office of the Press Secretary
Cannes G-20 Declaration
Attached is the Cannes G-20 Declaration.
The White House
Office of the Press Secretary
Attached is the Cannes G-20 Declaration.
The White House
Office of the Press Secretary
Since the Pittsburgh Summit, the Group of Twenty (G-20) has responded decisively to the global financial crisis with an international financial regulatory reform agenda that is extraordinary both for its breadth and its level of heightened international cooperation. The agenda has strengthened the resilience of the world’s financial systems, expanded the perimeter of regulation, closed regulatory gaps, and transformed the global financial landscape. The United States and other G-20 members collectively have undertaken major financial sector reforms and strengthened the robustness of financial markets and institutions, while fostering a dynamic and innovative marketplace.
U.S. leadership has played a transformational role throughout by engaging others in a “race to the top” to raise the quality of regulation and level the playing field across major and emerging financial centers. U.S. financial reform, now in its second year of implementation since President Obama signed the historic Dodd-Frank Wall Street Reform and Consumer Protection Act in July 2010, is fully consistent with – and in a number of areas surpasses – our G-20 commitments. The G-20’s collective efforts will raise the bar on standards for financial stability, while avoiding fragmentation of markets and protectionism.
Many of the initiatives proposed in Pittsburgh in September 2009 have come to fruition at the Cannes Summit.
President Obama’s leadership in Cannes also powered the launch of two new initiatives to further improve the G-20’s ability to strengthen the safety and soundness of our financial systems, and to identify potential risks to financial system stability.
The G-20 has made extensive progress in transforming the financial regulatory landscape globally. Leaders now are focusing on implementation, at a pace that reduces risks to the economic recovery and ensures a level playing field around the world. U.S. leadership has been at the forefront of these efforts. The United States will continue to emphasize the critical role of the G-20 in developing a strong, collective response to overcome near-term vulnerabilities, and put in place the building blocks for more balanced and durable growth going forward.
The White House
Office of the Press Secretary
Today, at the Cannes Summit, G-20 Leaders reconfirmed their commitment to trade and development as important drivers for long-term global economic growth and stability as well as progress in energy, climate change, and anti-corruption efforts.
Doha Development Round: The G-20 Leaders made clear that they will not complete the Doha Development Agenda “if we continue to conduct negotiations as we have in the past” and committed “to pursue in 2012 fresh, credible approaches to furthering negotiations, including the issues of concern for Less Developed Countries.” The Leaders instructed Trade Ministers in Geneva to implement such approaches and to engage in discussions of challenges and opportunities to the multilateral trading system.
Infrastructure: The G-20’s infrastructure work has focused on ways to overcome obstacles to infrastructure investment in low-income countries (LICs), with a special emphasis on Sub-Saharan Africa. Leaders called for action to mobilize infrastructure investment in developing countries, particularly LICs, and received valuable input from the multilateral development banks (MDBs) and a High Level Panel on Infrastructure Investment, comprised of 17 private-sector infrastructure experts:
Food Security and Agriculture: Consistent with the MYAP, the L’Aquila Food Security Initiative and the U.S. global food security initiative, Feed the Future, the G-20 endorsed an ambitious agenda to promote food security and agricultural development that respects and leverages the expertise and comparative advantage of Ministries of Finance, Agriculture and Development to address the underlying causes of food insecurity:
Other Actions in Energy, Anti-Corruption, and Development: Leaders also agreed to:
The White House
Office of the Press Secretary
G-20 Leaders today agreed to implement a comprehensive set of policies that will help reinvigorate global economic recovery. Under the “Cannes Action Plan for Jobs and Growth,” G-20 Leaders agreed that “strengthened international policy cooperation is needed now” and that their “ultimate objective is to provide more and better jobs for our citizens.”
Since the Seoul Summit in November 2010, financial stress has increased sharply and the pace of economic growth has slowed, most notably in the advanced economies. The most serious risk to the global recovery is the financial crisis in Europe. However, events in Europe are not the only risk; progress to rebalance global demand has stalled. In this regard, emerging markets must do more to bolster domestic demand and help sustain global growth.
With the Cannes Action Plan for Growth and Jobs, G-20 members agreed to implement “measures to secure the recovery” including:
In addition to the emphasis on job creation and growth in the near-term, Leaders agreed to an action plan to strengthen the medium-term foundations for growth consisting of: sustainable public finances, open trade and investment markets, structural reforms to boost growth and enhance job creation, increased saving by countries with current account deficits and increased private demand by countries with current account surpluses, reforms to national and global financial systems, and actions to promote development.
Specific commitments include:
The commitments made today to pursue stronger and more balanced global growth, flexible exchange rates, financial and structural reforms, and sustainable public finances will lead to a stronger and more sustainable growth path globally and in the United States, and to the good jobs that our citizens need.
The White House
Office of the Press Secretary
For the third time in recent weeks, every single Republican in the United States Senate has chosen to obstruct a jobs bill that independent economists said would boost our economy and put Americans back to work. At a time when more than a million construction workers are looking for a job, they voted “no” to putting them back to work doing the work America needs done – rebuilding our roads, bridges, airports and transit systems. That makes no sense.
It makes no sense when you consider that this bill was made up of the same kinds of common-sense proposals that many of these Senators have fought for in the past. It was fully paid for. And even though it was supported by more than 70 percent of the American people – Republicans, Democrats, and independents – 100 percent of Senate Republicans said no. It’s more clear than ever that Republicans in Washington are out of touch with Americans from all ends of the political spectrum.
The American people deserve to know why their Republican representatives in Washington refuse to put some of the workers hit hardest by the economic downturn back on the job rebuilding America. They deserve an explanation as to why Republicans refuse to step up to the plate and do what’s necessary to create jobs and grow the economy right now. It’s time for Republicans in Congress to put country ahead of party and listen to the people they were elected to serve. It’s time for them to do their job and focus on Americans’ jobs. And until they do, I will continue to do everything in my power to move this country forward.
The White House
Office of the Press Secretary
WASHINGTON, DC – Today, President Barack Obama announced his intent to appoint the following individuals to key Administration posts:
• Sondra Myers - Member, Commission on Presidential Scholars
• Jackie Norris - Member, Commission on Presidential Scholars
President Obama said, “I am pleased to announce that these experienced and committed individuals have agreed to join this Administration, and I look forward to working with them in the months and years ahead.”
President Obama announced his intent to appoint the following individuals to key Administration posts:
Sondra Myers, Appointee for Member, Commission on Presidential Scholars
Sondra Myers is the Senior Fellow for International, Civic and Cultural Projects at the University of Scranton, and the Director of its Schemel Forum, a non-credit continuing education program. She is the author of numerous books, including The New Rwanda: Prosperity and the Public Good (2008). From 2001 to 2005 Ms. Myers was a senior associate at the University of Maryland’s Democracy Collaborative, and the Rapoport Democracy Fellow at the Walt Whitman Center at Rutgers University from 2000 to 2001. Ms. Myers served as Special Assistant to the Chairman for Partnerships at the National Endowment for the Humanities from 1993 to 1995 and was Cultural Advisor to Pennsylvania Governor Robert P. Casey from 1987 to 1993. A member of Phi Beta Kappa, Ms. Myers is a past chair of the Federation of State Humanities Councils and was appointed by President Carter to the U.S. Commission on Fine Arts in 1980. Ms. Myers received her B.A. in Philosophy from Connecticut College.
Jackie Norris, Appointee for Member, Commission on Presidential Scholars
Jackie Norris is currently the Executive Director of the Points of Light Corporate Institute, where she has led its corporate strategy and employee engagement programs since September 2011. Ms. Norris is also an Adjunct Professor at American University’s School of Public Affairs. Prior to this, Ms. Norris served from 2009 to 2010 as the Senior Advisor to the CEO of the Corporation for National and Community Service and in 2009 as Assistant to the President and Chief of Staff to the First Lady. In these roles, Ms. Norris helped to develop the Administration’s plans to address issues such as healthy eating, national service, supporting military families, and women in the workplace. During the 2008 Presidential Campaign, Ms. Norris served as the Iowa State Director during the general election. From 2002 to 2007, Ms. Norris served as a high school government teacher in Iowa. She is a recipient of the James Madison Fellowship which supports aspiring and experienced secondary school teachers in graduate study of American history, American government, and social studies. Ms. Norris holds a B.A. from SUNY College at Geneseo and an M.A. in Political Science from Iowa State University.
The White House
Office of the Press Secretary
WASHINGTON, DC – Today, President Barack Obama announced his intent to appoint the following individuals to key Administration posts:
President Obama said, “I am pleased to announce that these experienced and committed individuals have agreed to join this Administration, and I look forward to working with them in the months and years ahead.”
President Obama announced his intent to appoint the following individuals to key Administration posts:
Sondra Myers, Appointee for Member, Commission on Presidential Scholars
Sondra Myers is the Senior Fellow for International, Civic and Cultural Projects at the University of Scranton, and the Director of its Schemel Forum, a non-credit continuing education program. She is the author of numerous books, including The New Rwanda: Prosperity and the Public Good (2008). From 2001 to 2005 Ms. Myers was a senior associate at the University of Maryland’s Democracy Collaborative, and the Rapoport Democracy Fellow at the Walt Whitman Center at Rutgers University from 2000 to 2001. Ms. Myers served as Special Assistant to the Chairman for Partnerships at the National Endowment for the Humanities from 1993 to 1995 and was Cultural Advisor to Pennsylvania Governor Robert P. Casey from 1987 to 1993. A member of Phi Beta Kappa, Ms. Myers is a past chair of the Federation of State Humanities Councils and was appointed by President Carter to the U.S. Commission on Fine Arts in 1980. Ms. Myers received her B.A. in Philosophy from Connecticut College.
Jackie Norris, Appointee for Member, Commission on Presidential Scholars
Jackie Norris is currently the Executive Director of the Points of Light Corporate Institute, where she has led its corporate strategy and employee engagement programs since September 2011. Ms. Norris is also an Adjunct Professor at American University’s School of Public Affairs. Prior to this, Ms. Norris served from 2009 to 2010 as the Senior Advisor to the CEO of the Corporation for National and Community Service and in 2009 as Assistant to the President and Chief of Staff to the First Lady. In these roles, Ms. Norris helped to develop the Administration’s plans to address issues such as healthy eating, national service, supporting military families, and women in the workplace. During the 2008 Presidential Campaign, Ms. Norris served as the Iowa State Director during the general election. From 2002 to 2007, Ms. Norris served as a high school government teacher in Iowa. She is a recipient of the James Madison Fellowship which supports aspiring and experienced secondary school teachers in graduate study of American history, American government, and social studies. Ms. Norris holds a B.A. from SUNY College at Geneseo and an M.A. in Political Science from Iowa State University.
The White House
Office of the Press Secretary
NOMINATIONS SENT TO THE SENATE:
Kristine Gerhard Baker, of Arkansas, to be United States District Judge for the Eastern District of Arkansas, vice James M. Moody, retired.
Andrew David Hurwitz, of Arizona, to be United States Circuit Judge for the Ninth Circuit, vice Mary M. Schroeder, retiring.
The White House
Office of the Press Secretary
WASHINGTON, DC - Today, President Obama nominated Justice Andrew David Hurwitz to serve on the United States Court of Appeals for the Ninth Circuit.
President Obamasaid, “Justice Hurwitz has proven himself to be not only a first-rate legal mind but a faithful public servant. It is with full confidence in his ability, integrity, and independence that I nominate him to the bench of the United States Court of Appeals.”
Justice Andrew David Hurwitz: Nominee for the United States Court of Appeals for the Ninth Circuit
Justice Andrew David Hurwitz has served as Justice of the Arizona Supreme Court since 2003 and as Vice Chief Justice since 2009. He also serves as an adjunct professor of law at the Sandra Day O’Connor College of Law at Arizona State University, where he has taught regularly over the past three decades. Justice Hurwitz was born in New York City. He attended Princeton University, where he received his A.B. cum laude in 1968. After graduating from Princeton, Justice Hurwitz attended Yale Law School and obtained his J.D. in 1972. In 1969, Justice Hurwitz began his four-year service with the Connecticut Army National Guard, after which he served in the United States Army Reserve from 1973 to 1975. Upon graduation from law school, Justice Hurwitz began the first of three federal clerkships for Judge Jon O. Newman of the United States District Court for the District of Connecticut. Later that same year, he clerked for Judge J. Joseph Smith of the United States Court of Appeals for the Second Circuit. He then clerked for Justice Potter Stewart of the Supreme Court of the United States from 1973 to 1974. In 1974, Justice Hurwitz joined the Arizona law firm of Martori Meyer Hendricks & Victor (now known as Osborn Maledon), becoming a shareholder in the firm in 1977. He left the firm in 1980 to spend three years serving as chief of staff to Arizona Governor Bruce Babbitt. In 1983, Justice Hurwitz returned to his prior law firm and spent the next twenty years there, specializing in appellate work and complex civil litigation. During that time, he argued two matters before the Supreme Court of the United States. For a brief period in 1988, Justice Hurwitz served as chief of staff to Arizona Governor Rose Mofford. In 2003, Justice Hurwitz was appointed to the Arizona Supreme Court. He has recently chaired both the Arizona Judicial Council’s Commission on Technology and the Arizona Courts Ad Hoc Committee on the Rules of Evidence and was a member of the Federal Rules of Evidence Advisory Committee from 2004 to 2010.
The White House
Office of the Press Secretary
WASHINGTON, DC - Today, President Obama nominated Kristine Gerhard Baker to the United States District Court for the Eastern District of Arkansas.
“I am proud to nominate Kristine Gerhard Baker to serve on the United States District Court,” said President Obama. “I am confident she will serve on the federal bench with distinction.”
Kristine Gerhard Baker: Nominee for the United States District Court for the Eastern District of Arkansas
Kristine Gerhard Baker is a partner at the law firm Quattlebaum, Grooms, Tull & Burrow PLLC in Little Rock, Arkansas, where she specializes in commercial, employment, and First Amendment litigation. Baker joined the firm as an associate in 2000 and became a partner in 2002. She previously worked at the law firm Williams & Anderson LLP from 1998 to 2000. Baker began her legal career as a law clerk to the Honorable Susan Webber Wright of the United States District Court for the Eastern District of Arkansas from 1996 to 1998. She received her J.D. with high honors in 1996 from the University of Arkansas School of Law and her B.A. summa cum laude in 1993 from Saint Louis University.