Tag: Emergency Economic Stabilization Act (2008)

Double-Barreled Economic Threat Puts Congress on Edge

Republicans and Democrats disagree over how recent bank closures should impact the debt limit stalemate, and have taken divergent lessons from past economic crises.

March 23, 2023
Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis

The colossal bailouts after the 2008 collapse arguably saved the global economy, but they also provoked a ferocious popular backlash.

March 14, 2023
Biden to Nominate Former Obama and Bush Official to Lead IRS Overhaul

If confirmed by the Senate, Daniel Werfel will oversee an $80 billion revamp of the tax agency.

November 10, 2022