Kaptur: Media Should ‘Calm’ in Bailout Coverage for Sake of U.S.

The media should calm down in their coverage of the stock market and the collapse of the bailout legislation, Rep. Marcy Kaptur (D-Ohio) said in an interview Tuesday.

“You’re very anxious, I can hear your voice there,” Kaptur said to ABC News’s Chris Cuomo, who was reporting from the floor of the New York Stock Exchange.

“For the sake of the country, and even for the sake of the markets, I think you should operate prudently and with a little bit of calm in your voice today,” Kaptur told Cuomo.

Cuomo had seemed to indicate a delay in audio between New York and Washington during his interview with Kaptur and Rep. Marilyn Musgrave (R-Colo.). Both Kaptur and Musgrave voted against yesterday’s financial assistance legislation.

“Of course, both of you understand that any anxiety here is because of the interests of people on Main Street, and wanting to make sure they don’t get caught up in politics,” Cuomo said.

“I think one of the problems is that [Treasury Secretary Henry] Paulson is a day-trader; he’s not a banker,” Kaptur said later in the video.

Watch the video here.

Michael O’Brien

Tags Business Chris Cuomo Colorado Marcy Kaptur Marcy Kaptur Marilyn Musgrave Person Career Person Communication Quotation

Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Regular the hill posts

Main Area Bottom ↴

Top Stories

See All

Most Popular

Load more