Car dealers fought to be exempt from the new bureau’s oversight, and they won. iStockphoto.com hide caption

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This 1905 steam engine powered factories in Holland, Mich., for more than half a century (with a four-year break during the Great Depression). It now sits as a monument to the city's industrial heritage. Scott Horsley/NPR hide caption

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President Obama is joined by Commerce Secretary Gary Locke (left) and Boeing CEO Jim McNerney to announce the creation of the President's Export Council, and to talk about his administration's promotion of exports in an attempt to grow the economy and support jobs. Chip Somodevilla/Getty Images hide caption

itoggle caption Chip Somodevilla/Getty Images