Meeting the cost of residential and nursing care in old age is a growing issue for many people in the UK. As life expectancy continues to lengthen, more of us can expect to require some form of long term care.
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The US president made the demand during a meeting between US and EU officials on Tuesday, according to a source familiar with the talks.
It comes as US Secretary of State Marco Rubio is due to meet South Korea's Foreign Minister Cho Hyun.
Card providers would be allowed to set their own contactless card payment limit, under the regulator's plans.
Ahead of the Autumn budget, the chancellor is limiting access to the Treasury's emergency funds.
It's a setback for the White House in an unprecedented legal battle over the central bank's independence.