NEWS - National News

Warning that "history cannot be allowed to repeat itself," President Obama urged Wall Street on Monday to help jump-start a stalled effort to overhaul the U.S. financial regulatory system and head off a potential reprise of the U.S. economic crisis.

Visiting New York on the first anniversary of the nation's biggest bankruptcy, Obama used a speech at Federal Hall at 26 Wall St., site of George Washington's 1789 inauguration, to rally support for regulatory reform and call on the financial community to take responsibility for avoiding the abuses and failures that led the nation into a financial crisis last year and triggered a global recession.

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