10 things you need to know today: July 20, 2013

President Obama speaks up about the George Zimmerman verdict, the SEC charges hedge fund billionaire Steve Cohen, and more

President Obama
(Image credit: Win McNamee/Getty Images)

1. OBAMA: 'TRAYVON MARTIN COULD HAVE BEEN ME'

President Obama made a surprise appearance on Friday afternoon in the White House briefing room to talk about the George Zimmerman case, saying that people should respect the verdict but also understand that African-Americans continue to experience racial discrimination. "Trayvon Martin could have been me 35 years ago," Obama told reporters. [USA Today]

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Keith Wagstaff is a staff writer at TheWeek.com covering politics and current events. He has previously written for such publications as TIME, Details, VICE, and the Village Voice.