Double-Barreled Economic Threat Puts Congress on Edge
Posted inBanking and Financial Institutions Biden, Joseph R Jr Democratic Party Emergency Economic Stabilization Act (2008) Federal Budget (US) Federal Reserve System House of Representatives Inflation (Economics) Interest Rates Law and Legislation McCarthy, Kevin (1965- ) National Debt (US) Republican Party Schumer, Charles E Senate Shutdowns (Institutional) United States Economy United States Politics and Government

Double-Barreled Economic Threat Puts Congress on Edge

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
Posted inBanking and Financial Institutions Bear Stearns Cos Biden, Joseph R Jr Bush, George W Dodd-Frank Wall Street Reform and Consumer Protection Act (2010) Emergency Economic Stabilization Act (2008) Federal Deposit Insurance Corp Federal Reserve System Lehman Brothers Holdings Inc Obama, Barack Regulation and Deregulation of Industry Stimulus (Economic) United States Economy United States Politics and Government

Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis

The colossal bailouts after the 2008 collapse arguably saved the global economy, but they also provoked a ferocious popular backlash.