Obama's Update on Attempted Terrorist Attack - Video

Obama says, once again, an attempted terrorist attack has failed. It has failed because of vigilant citizens and quick actions by authorities. New Yorkers have reminded people how to live with their heads held high, he said. "As Americans and as a nation, we will not be terrorized."

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Obama has called and thanked two NYC vendors who alerted police.
Eric Holder's Statement at about 1:30 am last night on Arrest of Bomb Suspect:

Attorney General Eric Holder on the Times Square Investigation

Earlier this evening, Faisal Shahzad was arrested in connection with the attempted car bombing in New York on Saturday. Mr. Shahzad, an American citizen, was taken into custody at JFK Airport in New York as he attempted to board a flight to Dubai.

Since this plot was first uncovered on Saturday night, the FBI, prosecutors and intelligence lawyers in the National Security Division of the Justice Department and the U.S. Attorneys Offices in Manhattan and Connecticut, along with the NYPD have worked night and day to find out who was responsible for what would have been a deadly attack had it been successful. Over the course of the day today, we have gathered significant additional evidence that led to tonight’s arrest, which was made by agents from Department of Homeland Security’s Customs and Border Protection.

This investigation is ongoing, as are our attempts to gather useful intelligence, and we continue to pursue a number of leads. But it’s clear that the intent behind this terrorist act was to kill Americans.

FBI agents are working with their state and local counterparts in New York, Connecticut and other jurisdictions to gather evidence and intelligence related to this case. We are also coordinating with other members of the President’s national security team to ensure we use every resource available to the United States to bring anyone responsible to justice.

We continue to gather leads in this investigation, and it’s important that the American people remain vigilant. The vehicle in Times Square was first noticed on Saturday by a citizen who reported it to authorities, and, as always, any American who notices suspicious activity should report it to the appropriate law enforcement agencies.

This investigation is ongoing, it is multi-faceted, and it is aggressive. As we move forward, we will focus on not just holding those responsible for it accountable, but also on obtaining any intelligence about terrorist organizations overseas.

Because of the fast-moving nature of this investigation, I am not able to make any further information public at this time. But the American people should know that we are deploying every resource available, and we will not rest until we have brought everyone responsible to justice. DOJ

Mayor Bloomberg details the Fire Department's role to stop the bombing: