Bush: I'm Working on Economy

President, in rare words on financial crisis, says he shares America's fears
By Newser Editors and Wire Services
Posted Sep 18, 2008 10:35 AM CDT
Amid the turmoil in the financial markets, President Bush makes a statement outside the Oval Office of the White House in Washington, Thursday, Sept. 18, 2008.   (Pablo Martinez Monsivais)
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(Newser) – President Bush said today that he shares Americans' concerns about the turmoil in the financial markets, and promised that the government will act aggressively. "The American people can be sure we will continue to act to strengthen and stabilize our financial markets," he said. Bush canceled his fundraisers for the day to focus on what is unfolding as the worst financial meltdown since the Great Depression.

It was the first time Bush had spoken since Monday. "Our financial markets continue to deal with serious challenges," he said. "As our recent actions demonstrate, my administration is focused on meeting these challenges."