Q So when you use language like "market correction" or language the President used, like "the markets are adjusting to what we've done," that makes it sound like this is a painful but possibly temporary process that's happening right now in the markets and in the broader economy and that there may not be need for future action. But isn't there sort of a need for --

MS. PERINO: No. I think by him saying that we will take any -- that we are continuing to work on it. He talked about all the steps that have been taken over the past several days from the different agencies -- the Federal Reserve, the Treasury Department, SEC -- and that we will take any necessary steps if more are needed. And I can't tell you where this ends -- I wish that I could -- but we will take any necessary steps to deal with it in the days that follow.

So I can't say one way or the other -- I don't know if I can answer your question specifically. What I can say is that the President wants to make sure that his government is doing all that it can to prevent broader damage to the economy.

seen at 09:00, 18 September in Whitehouse Press Briefings. Email this to a friend.
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