U.S. Economic Outlook

President Bush talked about economic challenges including market fluctuations, the mortgage market crisis, and the role of the Federal… read more

President Bush talked about economic challenges including market fluctuations, the mortgage market crisis, and the role of the Federal Reserve. He criticized legislation now in Congress that would provide money for state and local governments to buy foreclosed homes. He said that Treasury Secretary Paulson had announced new measures to strengthen mortgages and assure proper risk management in financial institutions. 

On March 14 it was announced that Bear Stearns, the fifth-largest U.S. investment bank, was purchased by JPMorgan Chase with help from the Federal Reserve. close

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*The transcript for this program was compiled from uncorrected Closed Captioning.

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U.S. Economic Outlook

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Program ID:
204430-1
Category:
White House Event
Format:
Speech
Location:
New York, New York, United States
First Aired:
Mar 14, 2008
Last Aired:
Mar 15, 2008

Airing Details

  • Mar 14, 2008 | 11:18am EDT | C-SPAN 3
  • Mar 14, 2008 | 12:50pm EDT | C-SPAN 2
  • Mar 14, 2008 | 4:28pm EDT | C-SPAN 1
  • Mar 14, 2008 | 8:00pm EDT | C-SPAN 1
  • Mar 14, 2008 | 11:11pm EDT | C-SPAN 1
  • Mar 15, 2008 | 6:05am EDT | C-SPAN 1
  • Mar 15, 2008 | 11:15am EDT | C-SPAN 1
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