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Obama Administration Announces enhancements for TARP Initiative for CDFIs

Obama Administration Announces enhancements for TARP Initiative for Community Development Financial institutions

In October, President Obama announced a new program under the Troubled Asset Relief Program (TARP) to invest lower-cost capital in Community Development Financial Institutions (CDFIs) that lend to small businesses in the country's hardest-hit communities. Under this program, CDFI banks, thrifts and credit unions – which have been certified by Treasury as targeting more than ... more

Also: President Obama Proposes Financial Crisis Responsibility Fee, Secretary Geithner Reporting to the President... and to You

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Open Government

The Financial Stability Plan will help ensure that businesses with good ideas have the credit to grow and expand, and working families can get the affordable loans they need to meet their economic needs and power an economic recovery. Visit today.
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Making Home Affordable, which includes mortgage modification and refinancing programs, is a critical piece of the Administration's broad efforts to stabilize the housing market and provide relief to struggling homeowners.
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Financial Regulatory Reform
Over the past two years we have faced the most severe financial crisis since the Great Depression. We must act now to restore confidence in the integrity of our financial system. We must build a new foundation for financial regulation and supervision that is simpler and more effectively enforced, that protects consumers...
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The American Recovery and Reinvestment Act of 2009 (Recovery Act)

An unprecendented effort to jumpstart our economy, create or save millions of jobs, and help the U.S. thrive. Learn how your money is being spent...
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U.S.-China Strategic and Economic Dialogue
On April 1, 2009, Secretary of the Treasury Geithner and Secretary of State Clinton were appointed by President Obama as Special Representatives for the United States to the U.S.-China Strategic and Economic Dialogue. . ...
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