RSSTreasury extends bailout authority to Oct.
From: The Washington Times | December 9, 2009
Treasury Secretary Timothy F. Geithner has announced an extension of the financial bailout authority to October 2010 -- despite recent estimates that the program will cost taxpayers less than expected. In letters sent Wednesday to congressional leaders, Mr. Geithner said the extension will enable the Treasury Department to continue programs to address the slumping housing market and the needs of small businesses. The action also was will allow Treasury to respond to unforeseen threats to the financial markets. The Troubled Asset Relief Program (TARP) was set to expire at the end of the month, although Treasury has the option of ...
Filed Under The Wire
Content posted by users from other sites is posted for commentary and news purposes under fair use and each author is responsible for their own postings and a particular posting should not be construed as being endorsed by this site or its owner.
Please Note: The comments section is for both the registered users of this web site as well as non-registered users. All wishing to post comments must comply with our Commenting Rules or risk having their comments stricken. Comments do not necessarily reflect the views of the ownership of this site and should not be taken as such just because they are visible and posted here.
Leave a Reply
Loading ...Recommended Reading:
