Search results
Results from the WOW.Com Content Network
On December 19, George W. Bush announced that he had approved the bailout plan, which would give loans of $17.4 billion to U.S. automakers GM and Chrysler, stating that under present economic conditions, "allowing the U.S. auto industry to collapse is not a responsible course of action."
According to an April 2014 report of the Special Inspector General of the Troubled Asset Relief Program, the U.S. government had lost $11.2 billion (~$14.2 billion in 2023) in its rescue of General Motors. The U.S. government spent $50 billion to bail out GM, meaning it recovered 77.6 percent of its investment amount. [7]
The California companies used promises of “Biden Loan Forgiveness” to scam several borrowers, the FTC says. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ...
The Republican chairman of the House Oversight Committee, Rep. James Comer, raised questions in October about a $200,000 check that one of Joe Biden’s siblings wrote to Biden in March 2018 with ...
Around 44% of federal student loan borrowers who began repayment this month have a new loan service provider, according to the Consumer Financial Protection Bureau, after three loan service ...
The U.S. Senate voted and strongly opposed any source of government assistance through a bailout bridge loan (originally worth $14 billion in emergency aid) which was aimed toward helping the struggling Big Three automakers financially, despite strong support from President George W. Bush and President-elect Barack Obama, along with some mild ...
The Emergency Economic Stabilization Act of 2008, also known as the "bank bailout of 2008" or the "Wall Street bailout", was a United States federal law enacted during the Great Recession, which created federal programs to "bail out" failing financial institutions and banks.
On Monday, President Joe Biden formally announced the opening of the federal student debt cancellation application, following a "beta" test of the process over the weekend which had drawn in 8 ...