Oct. 9 (Bloomberg) --The statement, spurred by ``volatility'' in U.S. markets today, will be given at 10:25 a.m., Perino said.
The president wants to ``assure'' the country that Treasury Secretary Henry Paulson and other administration officials are making ``every effort to stabilize our financial system,'' Perino said.
Previous statements by Bush and members of his administration haven't calmed markets since Congress passed a $700 billion bailout package intended to shore up banks and other financial institutions and stabilize markets.
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