| Part Of HOUSE FINANCIAL SERVICES COMMITTEE: Solutions to Financial Crisis
Report Video IssueFederal Financial Market Rescue Plan, Part 2
2008-09-24T14:29:50-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvOThiXC8yODEzMTgtMTAyLW0uanBnIiwiZWRpdHMiOnsicmVzaXplIjp7ImZpdCI6ImNvdmVyIiwiaGVpZ2h0Ijo1MDZ9fX0=Witnesses 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.
Witnesses testified about recent turmoil in the financial markets, regulation of investment banking procedures, and on the need to enact leg… read more
Witnesses 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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