Obama presses banks to lend more

This article is about how Obama has urged the county's biggest banks to lend money to help the economy recover from the recession. Obama said that America's banks were should help by doing their part after they have been saved by taxpayers. He also stated how banks should ease up on lending as they were saved by public bailouts. Chief executives of banks who were present stated they would try to increase lending. US banks bosses have said that lending is limited by factors over which they have no control. Businesses are reluctant to grow since banks are not lending but without lending it will be difficult for the economy to grow.