NEWS FROM THE WHITE HOUSE ON JULY 27, 2015
July 27, 2015
Here's what's going on at the White House today.
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| Follow Along: The President's Day |  |
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All times are Eastern Time (ET)
3:30 AM: The President participates in a welcoming ceremony
3:50 AM: The President holds a bilateral meeting with Prime Minister Hailemariam Desalegn of Ethiopia
5:15 AM: The President meets with President Mulatu Teshome of Ethiopia
6:20 AM: The President joins Prime Minister Hailemariam Desalegn for a press conference
8:00 AM: The President holds a multilateral meeting on South Sudan and counterterrorism issues with Kenya, Sudan, Ethiopia, the African Union, and Uganda
12:45 PM: The President attends a State Dinner with Prime Minister Hailemariam Desalegn; the President and Prime Minister Hailemariam Desalegn each deliver a toast
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| From the Photo Office |  |
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President Barack Obama greets embassy staff and their families during a meet and greet at the U.S. Embassy in Nairobi, Kenya, July 25, 2015. (Official White House Photo by Pete Souza)
President Obama is traveling in Kenya and Ethiopia to attend the 2015 Global Entrepreneurship Summit and to meet with leaders from government, business, and civil society. The trip is reinforcing the U.S. commitment to expanding economic growth and trade, strengthening democracy on a global scale, and investing in the next generation of African leaders.
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| More from 1600 Penn |  |
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In this week's address, the President spoke to the progress we have made in making our financial system stronger, safer, and more fair in the years since financial crisis. Five years ago, our country enacted the Dodd-Frank Wall Street Reform and Consumer Protection Act -- rules that have substantially reduced recklessness and abuse in our financial system that predated the crisis.
Last week, First Lady Michelle Obama welcomed 140 college-bound students to the White House for the Reach Higher "Beating the Odds" Summit. These young people represented a wide range of communities -- urban, rural, foster, homeless, immigrant, special needs, and more. All of them have overcome great odds to go to college, and many are even first in their family to pursue further education after high school.
Five of the world's 10 fastest-growing economies are African. Innovation hubs have sprung up in Nairobi, Cape Town, and Lagos. A new generation of upstart entrepreneurs has formed tightly knit communities committed to creating African-based solutions to the region's challenges.
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| Quote of the Day |  |
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"If we keep moving forward, not backward -- if we keep building an economy that rewards responsibility instead of recklessness -- then we won't just keep coming back, we'll come back stronger than ever."
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