Sen. Barack Obama (D-IL) urged the Treasury Department on Thursday to “move as quickly possible” to implement the economic rescue package “so that we can ease this credit crisis that’s preventing businesses and consumers from getting loans and causing dangerous instability in our market.”

Sen. John McCain (R-AZ), promoting his new mortgage refinancing plan, said it is important for Americans to get into “manageable mortgages” to ease the foreclosure crisis and stabilize housing values in the country.