Obama's economic team may overhaul financial bailout
Published 1/9/2009 by sarahbethparker at CNN Political Ticker
WASHINGTON (CNN) — President-elect Barack Obama's economic team is considering an overhaul of the $700 billion Wall Street bailout for the financial services industry, three transition aides told CNN.
When Congress approved the bailout in October, it gave the Treasury Department access to half the money. The Treasury Department has not asked Congress to release [...]
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