Congress will not grant more TARP funds until the Treasury Department stalls foreclosures
Speaker of the House Nancy Pelosi (D-Calif.) says that she has been working with Rep. Barney Frank (D-Mass.) to create legislation that would only give the Treasury Department the second half of TARP funds when the provisions of the law, namely the requirement to provide aid to those suffering from the housing crisis, are met (0:20).
December 15, 2008
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