The Toxic Real Asset Problem (TRAP),which was passed as part of the Economic Stabilization Act of 1978 enabled the U.S.Treasury to purchase up to $700 billion of troubled assets held by financial institutions.

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The Toxic Real Asset Problem (TRAP) is not a real program. The Troubled Asset Relief Program (TARP), part of the Emergency Economic Stabilization Act of 2008, allowed the U.S. Treasury to purchase up to $700 billion of troubled assets.

The Toxic Real Asset Problem (TRAP),which Was Passed as Part