President Obama met with top officials at the White House on Wednesday to address the nation’s struggling economy. The meeting included Federal Reserve Chair Ben Bernanke, Treasury Secretary Timothy Geithner, White House Chief-of-Staff Bill Daley, and Gene Sperling, director of the National Economic Council. White House Press Secretary Jay Carney said Obama has made a number of calls in recent days to foreign leaders to discuss slumping markets at home and abroad.
White House Spokesperson Jay Carney: “The President has, as you know, spoken in recent days with a number of European leaders, with Chancellor Merkel, with President Sarkozy, Prime Minister Berlusconi, Prime Minister Zapatero. He has also, this morning, spoken with Prime Minister Cameron and is in regular consultation with European leaders on these matters. Secretary Geithner is in regular consultation with his counterparts in Europe. So, we obviously are monitoring these events very closely, and we continue to believe that the Europeans have the capacity to deal with this problem.”