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Public Statements

Obama Statement on Market Turmoil

Statement

By:
Date:
Location: Chicago, IL


Obama Statement on Market Turmoil

"The current financial market turmoil is a major threat to our economy. I recognize the need for today's action by the Federal Reserve and their need to act quickly in a globally coordinated fashion to maintain the functioning of our financial system and the flow of credit to American households and businesses," said Barack Obama.


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