07/24/2001
https://www.presidency.ucsb.edu...
"We're in the midst of a serious financial crisis, and the Federal Government is responding with decisive action."
"Trade between participating countries with the United States is up 23 percent."
"I proposed that the Federal Government reduce the risk posed by these troubled assets and supply urgently needed money so banks and other financial institutions can avoid collapse and resume lending."
"This is a decision that was made to improve the lives of El Salvadorans."