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Obama says taking steps to help financial solvency

President Barack Obama said the United States has taken and will be taking steps to make sure the country's financial system is solvent.

“We're moving forward in stabilizing the financial system through a whole host of steps that have already been taken and a number of steps that we intend to take in the future to make sure the financial system is solvent, that our banks are strong,” Obama told reporters during a meeting in the Oval Office with Treasury Secretary Timothy Geithner. (Reuters)