Week Ending Friday, March 21, 2008

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Author: George W. Bush  | Date: March 17, 2008

Remarks Following a Meeting With Economic Advisers on the National Economy,
March 17, 2008

Mr. Secretary, thank you very much for coming by today to talk about the economic situation. We’ll be meeting later on this afternoon with the President’s task force on financial markets.

First of all, you know, the Secretary has given me an update. One thing is for certain: We’re under—we’re in challenging times. But another thing is for certain, that we’ve taken strong and decisive action. The Federal Reserve has moved quickly to bring order to the financial markets. Secretary Paulson has been—is supportive of that action, as am I. And I want to thank you, Mr. Secretary, for working over the weekend. You’ve shown the country and the world that the United States is on top of the situation.

Secondly, you’ve reaffirmed the fact that our financial institutions are strong and that our capital markets are functioning efficiently and effectively. We obviously will continue to monitor the situation and, when need be, will act decisively, in a way that continues to bring order to the financial markets.

In the long run, our economy is going to be fine. Right now we’re dealing with a difficult situation. And, Mr. Secretary, I want to thank you very much for your steady and strong and consistent leadership.

Thank you very much.

Note: The President spoke at 9:40 a.m. in the Roosevelt Room at the White House.

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Chicago: George W. Bush, "Remarks Following a Meeting With Economic Advisers on the National Economy, March 17, 2008," Week Ending Friday, March 21, 2008 in United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, March 21, 2008 (Washington, D.C.: U.S. Government Printing Office, 2008), 44:390 Original Sources, accessed July 17, 2019, http://www.originalsources.com/Document.aspx?DocID=PU47XKDICE911V4.

MLA: Bush, George W. "Remarks Following a Meeting With Economic Advisers on the National Economy, March 17, 2008." Week Ending Friday, March 21, 2008, in United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, March 21, 2008 (Washington, D.C.: U.S. Government Printing Office, 2008), 44:390, Original Sources. 17 Jul. 2019. www.originalsources.com/Document.aspx?DocID=PU47XKDICE911V4.

Harvard: Bush, GW, 'Remarks Following a Meeting With Economic Advisers on the National Economy, March 17, 2008' in Week Ending Friday, March 21, 2008. cited in , United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, March 21, 2008 (Washington, D.C.: U.S. Government Printing Office, 2008), 44:390. Original Sources, retrieved 17 July 2019, from http://www.originalsources.com/Document.aspx?DocID=PU47XKDICE911V4.