September 19, 2008
MARTINEZ: CONGRESS MUST ACT QUICKLY TO RESTORE FINANCIAL MARKET CONFIDENCE
U.S. Senator Mel Martinez (R-FL) today issued the following statement after participating in an hour-long discussion on the state of the economy with Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke this afternoon.Senator Martinez said:
“This is a very serious financial crisis to our country. Secretary Paulson and Chairman Bernanke have done a very good job of managing the problem and presenting us with a remedy that gives us the best hope to find a solution to this very large financial crisis. The cost of doing this plan is large; the cost of inaction is much larger yet. Congress needs to act quickly on a clean package that follows the plan laid out by Secretary Paulson and Chairman Bernanke and the time to act is next week. The enormity of the issue demands that we act without distraction or delay.”
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