As TARP Losses Mount, President Obama Plans to Announce New Bank Fees

By Robert Flanagan
President Obama is expected to announce new banks fees intended to recoup losses under the government’s $700 billion Troubled Asset Relief Program. The Treasury Department estimates losses of as much as $120 billion stemming from the TARP program. While details of the President’s plan are unclear, the Wall Street Journal commented that the fee could...

TAGS: Barack Obama, Barney Frank, TARP

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