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18 sie 2022 · Bailout Recipients. Last update: Aug. 18, 2022. We're tracking where taxpayer money has gone in the ongoing bailout of the financial system. Our database accounts for both the broader $700...
- Government-Sponsored Enterprise
The companies have not repaid any of the principal, but the...
- Failed Bailout Investments
ProPublica is still tracking where every dollar of taxpayer...
- Government-Sponsored Enterprise
3 paź 2008 · Over a decade ago, we started a database to track TARP, the 2008 bailout of the financial system. It turns out bailouts are forever, and we’re still updating the damn thing.
The Emergency Economic Stabilization Act of 2008, also known as the "bank bailout of 2008" or the "Wall Street bailout", was a United States federal law enacted during the Great Recession, which created federal programs to "bail out" failing financial institutions and banks.
The U.S. bailout plan, now named the Emergency Economic Stabilization Act of 2008 and expanded to 110 pages was slated for consideration in the House of Representatives on Monday, September 29 as HR 3997 and in the Senate later in the week.
The TARP originally authorized expenditures of $700 billion. The Emergency Economic Stabilization Act of 2008 created the TARP. The Dodd–Frank Wall Street Reform and Consumer Protection Act, signed into law in 2010, reduced the amount authorized to $475 billion (approximately $648 billion in 2023).
18 wrz 2008 · 2008: In late September 2008, Congress approved a more than $630 billion spending bill, which included a measure for $25 billion in loans to the auto industry.
30 kwi 2024 · The Emergency Economic Stabilization Act provided $475 billion in bailout relief through the Troubled Asset Relief Program (TARP).
