On his first full day in the Oval Office, Obama unveiled new White House ethics rules on the role of lobbyists.

President Obama: “As of today, lobbyists will be subject to stricter limits than under any other administration in history. If you are a lobbyist entering my administration, you will not be able to work on matters you lobbied on or in the agencies you lobbied during the previous two years. When you leave government, you will not be able to lobby my administration for as long as I am president.”

Obama also announced a pay freeze for all top White House officials.

President Obama: “During this period of economic emergency, families are tightening their belts, and so should Washington. That’s why I am instituting a pay freeze on the salaries of my senior White House staff. Some of the people in this room will be affected by the pay freeze, and I want you to know that I appreciate your willingness to agree to it.”