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Eurozone finance ministers have agreed to extend Greece's financial rescue by four months.
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Obama said he believed lawmakers would regroup to pass a financial rescue plan.
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The Treasury has warned the Government not to introduce a financial rescue package.
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Eurozone finance ministers reached an agreement to extend Greece's financial rescue by four months.
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It will be Greece's third financial rescue programme agreed with creditors in five years.
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The financial rescue package is similar to administration and will safeguard the club's future.
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Obama, a Democrat, said he believed lawmakers would regroup to pass a financial rescue plan.
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So far, the Treasury has tapped about half of the congressionally approved financial rescue fund.
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He is a well-known Eurosceptic and a critic of the financial rescue package for Greece.
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The euro area debt crisis has already prompted Greece, Ireland and Portugal to seek financial rescue.
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Photo: AFP Eurozone finance ministers reached an agreement to extend Greece's financial rescue by four months.
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The costs would be covered by the Troubled Asset Relief Program, the government's financial rescue fund.
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Both men are architects of the financial rescue.
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The financial rescue was faster and more thorough.
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They said a financial rescue is imperative if the industry is to survive the escalating liquidity crisis.
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The euro also benefited from strong demand for inaugural bonds from Europe's financial rescue fund on Tuesday.
