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Not long after the bill passed the House, President Bush said he would quickly sign the measure into law, applauding Congress for clearing the measure.We have acted boldly to prevent the crisis on Wall Street from becoming a crisis in communities across our country, the president said.Among the many features of the $700 billion measure, the bill will allow the Treasury Department to buy up bad debt from various lending institutions.Investors and policy makers had been anxious for a resolution to the government plan to purchase soured assets from banks and other institutions to stanley cup shore up the financial industry and help resuscitate credit markets.Speaker Nancy Pelosi, D-Calif., stanley cup said the bill was needed to Begin to shape the financial stability of our country and the economic se stanley cup curity of our people.Trading across markets has been volatile this week based on investors ; reading of whether the plan would win approval.We all know that we are in the midst of a financial crisis, House Republican Leader John Boehner of Ohio said shortly before casting his vote Friday. And we know that if we do nothing, this crisis is likely to worsen and to put us into an economic slump like most of us have never seen.The House rejection of the initial bill on Monday took Wall Street and Capitol Hill by surprise and sent stocks into a record plunge.Senate leaders quickly took custody of the measure, adding on $110 billion in t Gqjx US: Over 130,000 Russian troops now staged outside Ukraine
PBS N crocs ewsHour will live stream a press conference from San Bernardino, California, with FBI Assistant Director in Charge David Bowdich, San Bernardino Police Chief Jarrod Berguan, San Bernardino Sheriff John McMahon, ATF Spe stanley cup cial Agent in Charge Eric Harden; and United States Attorney Eileen Decker. The event is scheudled for 3 p.m. EST Monday. Go Deeper fbi san bernardino shooting By 鈥? News Desk News Desk Support Provided By: Learn more Support PBS News: Educate your inboxSubscribe to Herersquo the Deal, our politics newsletter for analysis you wonrsquo;t find anywhere else. stanley cup Full Episode Thursday, Dec 5