Wednesday, September 17, 2008

White House bars press from covering financial market meeting.

AP reports:

With Wall Street in turmoil, the White House has canceled any press coverage of President Bush’s meeting with his chief advisory group on the reeling financial markets.

Bush was scheduled to make a statement Tuesday to a pool of White House reporters after huddling with his financial working group. That won’t happen now.

Spokesman Tony Fratto says the White House decided it would be best to limit public comment about markets.

The meeting went on as planned. The group is led by Treasury Secretary Henry Paulson and includes Federal Reserve Chairman Ben Bernanke and the chairpersons of the Securities and Exchange Commission and the Commodity Futures Trading Commission.

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