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New Facility Targets Consumer Lending
online.wsj.com - 11/25/2008
New Facility Targets Consumer Lending
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The Fed stepped up its efforts to support strained credit markets through new programs backed by Treasury aimed at boosting consumer credit and the market for mortgage-backed securities. (Statements)
New Facility Targets Consumer Lending
online.wsj.com - 11/25/2008
New Facility Targets Consumer Lending
— online.wsj.com — Treasury Secretary Henry Paulson, seeking to ease strains in the consumer credit market, plans to announce Tuesday... the formation of a program to increase the availability of auto loans, student loans and credit cards, according to people familiar with ... (more) New Facility Targets Consumer Lending

Comments vote down Calculated Risk found this 11/25/2008found this
washingtonpost.com - 11/25/2008
Program Targets Consumer Spending, Mortgage Rates
— washingtonpost.com — Washington Post Staff Writer Tuesday, November 25, 2008; 9:46 AM The Federal Reserve and Treasury moved today... to boost consumer spending and lower home mortgage rates, committing up to $800 billion to make it easier for households to borrow money for ... (more) Program Targets Consumer Spending, Mortgage Rates
Comments vote down Townhall.com Blog's TownHall Blog found this 11/25/2008found this

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Wonk Room:  Bernanke Acts While Paulson Dithers

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Bernanke Acts While Paulson Dithers
Wonk Room — ... Troubled Assets Relief Program (TARP), Treasury Secretary Henry Paulson announced that he will commit $20 billion of TARP funds to a plan being implemented by the New York Fed that is aimed at easing the ...

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