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Synopsis: Henry “Hank” Paulson, United States Treasury Secretary, Ben Bernanke, Chairman of the Federal Reserve Board, and FDIC Chair Sheila Blair hold a press conference to discuss the investments as the TARP funds are implemented as a series of comprehensive actions to strengthen public confidence in U.S. financial institutions and restore functioning of U.S. credit markets. The TARP program was authorized by Congress under the Emergency Economic Stabilization Act. |
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Information: October 14, 2008 COL 17 min |
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