| Part Of HOUSE FINANCIAL SERVICES COMMITTEE: Solutions to Financial Crisis
Report Video IssueFederal Financial Market Rescue Plan, Part 1
2008-09-24T12:17:14-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvMTgyXC8yODEzMTgtMTAxLW0uanBnIiwiZWRpdHMiOnsicmVzaXplIjp7ImZpdCI6ImNvdmVyIiwiaGVpZ2h0Ijo1MDZ9fX0=Members testified about recent turmoil in the financial markets, regulation of investment banking procedures, and on the need to enact legislation quickly on the Bush Administration $700 billion bailout plan. Among the topics raised were government intervention in private markets, the sweeping powers to be given to the Treasury Secretary, the burden put on taxpayers, and the lack of time before Congress recesses for further consideration of the plan.
Members testified about recent turmoil in the financial markets, regulation of investment banking procedures, and on the need to enact legis… read more
Members testified about recent turmoil in the financial markets, regulation of investment banking procedures, and on the need to enact legislation quickly on the Bush Administration $700 billion bailout plan. Among the topics raised were government intervention in private markets, the sweeping powers to be given to the Treasury Secretary, the burden put on taxpayers, and the lack of time before Congress recesses for further consideration of the plan. close
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