US Congress Approves Financial Bailout; Bush Quickly Signs

President Bush signs financial rescue legislation, 3 Oct 2008

Speaking after the House vote, the president said bipartisan action will help prevent the financial crisis from widening, and sends an important message to global markets.

"We have shown the world that the United States of America will stabilize our financial markets and maintain a leading role in the global economy," he said.

Shortly after that, President Bush met briefly with Treasury Secretary Henry Paulson, who also praised members of Congress for coming together in a time of crisis.

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