WASHINGTON — President Bush was expected to announce a new initiative Tuesday morning designed to stabilize the financial markets.

Mr. Bush will join Treasury Secretary Henry Paulson, Federal Reserve Board Chairman Ben Bernanke, and Federal Deposit Insurance Corp. Chairman Sheila Bair for a brief statement at 8:30 a.m. Comptroller of the Currency John Dugan, Office of Thrift Supervision Director John Reich, and other members of the President's Working Group on Financial Markets are also expected to attend.

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