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Congressional leaders, President Bush and the two men who hope to succeed him all sought to assure the markets on Tuesday that a $700 billion rescue plan may be stalled, but is not yet dead.
Bush and other administration officials said they were disappointed in the measure's rejection by the House of Representatives, but that some type of plan will be hatched in the near term to avert further damage to America's financial system.
"I assure our citizens and citizens around the world that this is not the end of the legislative process," Bush said at a White House press conference, adding that "Congress must act." ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
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