In October 2008,Congress passed the ________,under which the Treasury provided funds to banks in exchange for stock.
A)Bank Rescue Alliance Treaty (BRAT)
B)Mortgage Transfer Agency (MTA)
C)Troubled Asset Relief Program (TARP)
D)Financial Assurance Association (FAA)

Question

Quizplus · Accepted Answer

The Troubled Asset Relief Program (TARP) was passed by Congress in October 2008, which provided funds to banks in exchange for stock.

In October 2008,Congress Passed the ________,Under Which the Treasury Provided