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TARP helped prevent the collapse of the American auto industry, saving more than a million American jobs... TARP helped restart the secondary credit markets which are essential to keeping credit flowing to households and businesses...
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In response to the housing crisis, the Obama Administration in early 2009 launched Making Home Affordable (MHA), a joint program of the U.S. Department of the Treasury and the Department of Housing and Urban Development (HUD) to help struggling..
Relevance: 7.381153
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The Federal Reserve and Treasury took action to stabilize AIG because its failure during the financial crisis would have had a devastating impact on our financial system and the economy...
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Right before World War II, in 1939, President Franklin Roosevelt began a reorganization of the executive department. The president consolidated all Treasury financing activities into a "Fiscal Service" under the direction of a fiscal assistant..
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