Speaker Nancy Pelosi and Congressional leaders held a press availability in the Capitol this evening following negotiations on bipartisan legislation to address the financial crisis. Below are her remarks of the House Speaker:

Lawmakers have reached an agreement on the the $700 billion bailout bill, which is expected to go to a vote tomorrow. It's a big bailout bill, out of the scope of one article and posted at House Financial Services Committee website.

U.S. lawmakers say they have a tentative agreement on a plan to rescue the struggling financial services industry before markets reopen on Monday.

Mahmoud El-Gamal, chair of Rice University’s economics department, is available for media interviews this week and into the weekend to discuss the current financial crisis and action Congress is likely to take.

The headline in New York Times is every more impressive as it reads Government Seizes WaMu and Sells Some Assets. "Washington Mutual, the giant lender that came to symbolize the excesses of the mortgage boom, was seized by federal regulators on Thursday night, in what is by far the largest bank failure in American history."

Amid turmoil in financial markets, "other crisis" should not be obscured. Control of inflation will require robust monetary policy stance. Net fuel-importing low-income countries face $60 billion fuel bill hike.

Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson are taking part in a Senate Banking Committee hearing today dealing with the financial crisis and the proposed rescue of the U.S. financial system.

The Federal Reserve Board on Sunday approved, pending a statutory five-day antitrust waiting period, the applications of Goldman Sachs and Morgan Stanley to become bank holding companies.

Ron Paul says be careful when people reject the dollar. Speaking about the current U.S. financial crisis Paul says we are very close to the fact that people may be rejecting dollar.

What does every 5% one-day drop in the Dow really need to give it a big boost? How about an after-hours downgrade by the rating agencies of the two financial institutions currently perched on the bankruptcy precipice. The folks at S&P were apparently the last people in America to figure out that WaMu's credit was below-average as they finally downgraded the stock to "junk".

Greenspan warns Bernanke and the US people not to use the magical piggy bank which is the Federal Reserve's ability to make up money out of thin air. Only Greenspan denies that the magical piggy bank is real. HAHAHA. He accidentally told the truth! The Federal Reserve can and will and does make money out of thin air.

The U.S. government is using all tools at its disposal to stem a deepening financial crisis and reassure markets after one of America's largest investment banks was bought out to rescue it from the brink of bankruptcy. Meanwhile, new statistics point to a further weakening of the U.S. economy.