Late last week, President Obama rounded out the first week of his new “we can’t wait” campaign with the launch on Friday of two initiatives aimed at boosting businesses. The President issued memoranda calling on federal agencies to speed the transfer of government research into commercial products, and to create a website that will help businesses access information about government programs and services. President Obama is expected to issue further executive actions throughout the rest of the year as the administration pushes to show that it is working to create jobs and reinvigorate the economy. However, House Speaker John Boehner (R-Ohio) questioned the President’s authority to act alone, noting that “this idea that you’re just going to go around the Congress is just — it’s almost laughable.”

Earlier last week, President Obama announced plans to allow college graduates to cap federal student loan repayments at 10 percent of discretionary income, modify the Home Affordable Refinance Program (HARP) through executive order to make it easier for borrowers to refinance residential mortgages and two new initiatives to help create jobs for veterans.

Links: Press Release on Steps to Help Businesses, Student Loan Executive Order, Press Release on Homeowner Aid Program, White House Fact Sheet on Veterans Program