The _____ was a program that gave federal regulators power to exchange funds for an ownership interest in banks and corporations.
A) Troubled Asset Relief Program
B) Temporary Liquidity Guarantee Program
C) NCUA Corporate Stabilization Program
D) Commercial Paper Funding Facility Program

Question

Quizplus · Accepted Answer

The Troubled Asset Relief Program (TARP) was a program enacted in response to the 2008 financial crisis that allowed the U.S. Treasury to purchase troubled assets from financial institutions. This involved the exchange of funds for ownership interests in these institutions.

The _____ Was a Program That Gave Federal Regulators Power