KiannaR KiannaR

24-01-2017
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What was the purpose of the Troubled Assets Relief Program (TARP) in late 2008?

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WyleECoyote WyleECoyote

24-01-2017

Troubled Assets Relief Program (TARP) is a program of the United States government whose main purpose is to purchase assets and equity from financial institutions in order to strengthen its financial sector. It was signed by President George W. Bush on October 3.

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Beno2018 Beno2018

30-01-2017

The US government financially rescued failing banks to stabilize a struggling economy.

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