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To improve trade competitiveness, the Trump administration revealed a plan to help US farmers in the form of state aid., [8] with a planned bailout program of $12 billion state aid to US farmers suffering from the US-China trade war. In 2018 Trump administration introduced $16 billion (~$19.1 billion in 2023) of new trade aid.
The Coronavirus Aid, Relief, and Economic Security Act, [b] [1] also known as the CARES Act, [2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States.
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.
President Trump refused to sign the CARES Act stimulus package if it included bailout funds for the U.S. Postal Service, the Washington Post reported.
President-elect Donald Trump has said he might install his picks for top administration posts without first winning approval in the U.S. Senate. This would erode the power of Congress and remove a ...
On October 1, a revised compromise version was approved by the Senate with a 74–25 vote. The bill, HR1424 was passed by the House on October 3, 2008, and signed into law. The first half of the bailout money was primarily used to buy preferred stock in banks instead of troubled mortgage assets. [11]
Trump’s legal battles cost over $100M. Here’s how he’s paying the bills — and why his fundraising tactics are drawing scrutiny.
On May 18, 2018, the bill failed in the House of Representatives by a vote of 198–213. All Democrats and 30 Republicans voted against the measure. Republican opposition came largely from members of the conservative Freedom Caucus who believed that some of the bill's provisions would liberalize immigration policy.