Bush: More Decisions Like Citigroup Possible

By: By JENNIFER LOVEN, AP White House Correspondent
By: By JENNIFER LOVEN, AP White House Correspondent

WASHINGTON (AP) - President Bush says there could be more decisions like the government's dramatic rescue of Citigroup if other institutions need help.

Bush also says he consulted with President-elect Barack Obama on the Citigroup rescue. Bush says "There is close cooperation" between his administration and the Obama camp.

Referring to the Citigroup rescue, Bush said "We have made these kind of decisions in the past. We made one last night and if need be we will make these kind of decisions to safeguard our financial system in the future."

He spoke outside the Treasury Department after consulting with Secretary Henry Paulson.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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