Crisis Legal NewsClick here to add this website to your favorites
  rss
Crisis News Search >>>

Bush meeting with Paulson on economic crisis

Financial Law     updated  2008/11/24 08:10


President George W. Bush, freshly returned from economic crisis talks overseas with world leaders, was gathering with his Treasury chief and other Cabinet members Monday to talk about U.S. actions, including a government rescue of Citigroup.

Bush was holding talks at the Treasury Department with Secretary Henry Paulson, and also joining an already-scheduled meeting of members of his Cabinet who are working on greater economic cooperation with China, White House press secretary Dana Perino said.

Among the topics on the agenda would be a readout from the president to his top officials on his meeting Friday with Chinese President Hu Jintao that was focused in part on the global economic turmoil.

A presidential statement was planned after the discussions, at 10:35 a.m. EST.

The previously unannounced flurry of activity by Bush comes the morning after his return from a long weekend in Peru for a summit of Pacific Rim leaders. It also comes following the government's agreement to shoulder hundreds of billions of dollars in possible losses at Citigroup and to plow a fresh $20 billion into the troubled company.

Perino said the discussions — and Bush's remarks afterward — would be focused on the broader economic situation, but also on the Citigroup actions. The president has repeatedly sought to defend his administration's unprecedented intervention in the financial markets in recent months, arguing against criticism from some fiscal conservatives by saying that the moves go against his free-market instincts but are necessary because of the dire times.


© Crisis Legal News - All Rights Reserved.

The content contained on the web site has been prepared by Legal Crisis News
as a service to the internet community and is not intended to constitute legal advice or
a substitute for consultation with a licensed legal professional in a particular case or circumstance.
 Law Firm Web Design Information
Law Promo can construct your law firm a brand new responsive website, or help you redesign your existing site to secure your place in the mobile world. We believe our work speaks for itself by showcasing quality design while reflecting our extensive experience in the online legal marketing industry. Law Firm Website Designs by Law Promo.| Law Firm Logo Design
   Latest Crisis Legal News
   Sponsored Links
Chicago Business Law Attorney
Corporate Litigation Attorneys
www.rothlawgroup.com
Fort Lauderdale Criminal Defense Lawyer
Miami Sex Crimes Lawyer
www.mishalilaw.com
Fort Washington Employment Law Firm
Attorney Marc E. Weinstein
www.meweinsteinlaw.com
Santa Ana Workers' Compensation Lawyers
www.gentryashtonlaw.com
Car Accidents Attorneys
New Rochelle Personal Injury
www.kboattorneys.com
Eugene Criminal Defense
Law Office of Max J Mizejewski
Family Law. Call 541.505.9872
www.mjmlawoffice.com
CPA Accounting Web Design
Finanace Office Web Designs
www.webpromo.com
Lorain Elyria Divorce Lawyer
www.loraindivorceattorney.com
New York Adoption Lawyers
New York Foster Care Lawyers
Adoption Pre-Certification
www.lawrsm.com
Cobb County Criminal Attorney
Georgia Criminal Defense Lawyer
www.andrewschwartzlaw.com
San Francisco Trademark Lawyer
San Jose Trademark Lawyer
www.onulawfirm.com
Eugene Chapter 7 Bankruptcy Lawyer
Oregon Chapter 7 Bankruptcy Lawyer
www.willamettevalleybankruptcy.com