Thursday, September 18, 2008

Bush Cancels Trip Amid Financial Crisis

GW has canceled a political trip to Alabama and Florida.

"President Bush is canceling his planned travel to Alabama and Florida tomorrow, and will instead remain in Washington to continue to work with his economic advisers on the serious challenges confronting our financial markets," spokesman Tony Fratto said. "The health of our financial markets is critical to the nation's economy, and the president remains focused on taking action to stabilize and strengthen our markets and to restore investor confidence."

On Monday,Bush offered reassurances following last weekend's emergency actions, but U.S. equity markets plunged anyway.

-EPJ Newsdesk

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