An historic bill is passed 
26.07.2010
President Obama thinks he has the answer. Photo: P. Souza/The White House
Bookmark this post with:
What can governments do to prevent a financial meltdown from happening again? President Obama believes he has the answer. On Thursday, 22 July, Obama signed a new bill that contains some of the biggest changes to the banking system since the 1930s. It’s been called the White House's most significant legislative achievement.
When he announced that the bill had been signed, Obama promised that everyone would benefit from the changes — as everyone depends on the banking system for the economy to work.
As you would expect, Obama used a lot of economic vocabulary in his speech. In our exercise, we test whether you would be able to use the same vocabulary correctly.
Listen to a short part of Obama's speech first here, then try the exercise.
Deborah Capras
finanzieller Kollaps
Gesetzesvorlage; hier: Gesetz
wichtigste gesetzgeberische Leistung
profitieren von
