Category: Emergency Economic Stabilization Act (2008)

Double-Barreled Economic Threat Puts Congress on Edge

The New York Times – Business:
Republicans and Democrats disagree over how recent bank closures should impact the debt limit stalemate, and have taken divergent lessons from past economic crises.
Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis

The New York Times – Business:
The colossal bailouts after the 2008 collapse arguably saved the global economy, but they also provoked a ferocious popular backlash.
Biden to Nominate Former Obama and Bush Official to Lead IRS Overhaul

The New York Times – Business:
If confirmed by the Senate, Daniel Werfel will oversee an $80 billion revamp of the tax agency.

Double-Barreled Economic Threat Puts Congress on Edge