Economic Stabilization Act of 2008
GPTKB entity
Statements (63)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:legislation
|
| gptkbp:affects |
bank bailouts
credit market liquidity stock market stabilization |
| gptkbp:associated_with |
economic recovery efforts
financial bailouts bailout plans |
| gptkbp:controversy |
executive compensation limits
|
| gptkbp:date_enacted |
October 3, 2008
|
| gptkbp:enacted_by |
gptkb:United_States_Congress
|
| gptkbp:funds |
$700 billion
|
| gptkbp:goal |
restore confidence in financial markets
|
| https://www.w3.org/2000/01/rdf-schema#label |
Economic Stabilization Act of 2008
|
| gptkbp:impact |
gptkb:financial_institutions
gptkb:economy |
| gptkbp:includes |
gptkb:Troubled_Asset_Relief_Program_(TARP)
|
| gptkbp:influenced |
political campaigns
future financial legislation |
| gptkbp:influenced_by |
gptkb:public_opinion
gptkb:Great_Recession global financial trends |
| gptkbp:introduced_in |
gptkb:House_of_Representatives
|
| gptkbp:is_analyzed_in |
economists
policy makers financial analysts |
| gptkbp:is_criticized_for |
lack of oversight
benefits to large corporations |
| gptkbp:is_debated_in |
gptkb:media
|
| gptkbp:is_discussed_in |
gptkb:political_debates
Congressional hearings economic forums |
| gptkbp:is_examined_in |
academic studies
government reports legal reviews |
| gptkbp:is_implemented_in |
gptkb:U._S._Department_of_the_Treasury
|
| gptkbp:is_opposed_by |
some lawmakers
|
| gptkbp:is_supported_by |
gptkb:Federal_Reserve
Treasury Secretary Henry Paulson |
| gptkbp:led_to |
increased government intervention
increased scrutiny of financial institutions increased regulation of Wall Street |
| gptkbp:part_of |
U. S. economic history
U. S. legislative history U. S. legislative framework U. S. economic policy response U. S. financial crisis response |
| gptkbp:passes_through |
gptkb:Senate
|
| gptkbp:purpose |
to address the subprime mortgage crisis
|
| gptkbp:related_to |
gptkb:financial_regulation
gptkb:2008_financial_crisis fiscal policy banking sector reforms economic stimulus measures |
| gptkbp:repealed_by |
gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act
|
| gptkbp:resulted_in |
public backlash
increased national debt changes in banking regulations capital injections into banks purchase of toxic assets stabilization of housing market |
| gptkbp:signed_by |
gptkb:George_W._Bush
|
| gptkbp:bfsParent |
gptkb:TARP
|
| gptkbp:bfsLayer |
4
|