• This will use government and private money to buy housing loans and other troubled assets that financial companies are unable to sell.

    VOA: special.2009.02.13

  • An administration official suggests that money originally set aside to buy the troubled assets of financial firms may be used for job creation.

    VOA: standard.2009.12.06

  • Under legislation proposed by Senate Banking Chairman Christopher Dodd, the Fed would be given more power to regulate large financial institutions but would no longer supervise smaller banks, those with assets under 50 billion dollars.

    VOA: standard.2010.03.17

  • The government will use as much as $100 billion from an existing fund set up to rescue the ailing financial sector to provide guarantees and low interest loans to those willing to purchase these assets.

    VOA: standard.2009.03.23

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