Emergency Economic Stabilization Act of 2008

GPTKB entity

Statements (65)
Predicate Object
gptkbp:instance_of gptkb:legislation
gptkbp:addressed liquidity crisis
gptkbp:allocated_amount $700 billion
gptkbp:amended_by gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act
gptkbp:associated_with gptkb:Great_Recession
gptkbp:controversy bailout of banks
gptkbp:created Capital Purchase Program
gptkbp:created_by financial instability
gptkbp:date_enacted October 3, 2008
gptkbp:effective_date October 3, 2008
gptkbp:enacted_by gptkb:United_States_Congress
gptkbp:established gptkb:Troubled_Asset_Relief_Program_(TARP)
gptkbp:goal stabilize the financial system
https://www.w3.org/2000/01/rdf-schema#label Emergency Economic Stabilization Act of 2008
gptkbp:impact gptkb:financial_institutions
gptkbp:included provisions for mortgage relief
gptkbp:influenced subsequent financial regulations
gptkbp:influenced_by economic theories
gptkbp:inspired gptkb:Occupy_Wall_Street_movement
gptkbp:introduced_in gptkb:House_of_Representatives
gptkbp:is_analyzed_in economists
policy papers
gptkbp:is_challenged_by courts
legal actions
gptkbp:is_criticized_for lack of transparency
moral hazard
lack of oversight
favoring large banks
gptkbp:is_debated_in gptkb:media
Congressional committees
gptkbp:is_discussed_in gptkb:academic_circles
public forums
gptkbp:is_evaluated_by government agencies
think tanks
gptkbp:is_examined_in financial analysts
Congressional hearings
gptkbp:is_implemented_in gptkb:U._S._Department_of_the_Treasury
TARP programs
gptkbp:is_opposed_by progressive groups
some members of Congress
libertarian groups
gptkbp:is_supported_by gptkb:Federal_Reserve
Treasury Secretary Henry Paulson
gptkbp:is_targeted_at public protests
gptkbp:led_to increased national debt
increased government intervention in the economy
increased regulation of financial markets
gptkbp:passes_through gptkb:2008
gptkb:Senate
gptkbp:provided loan guarantees
gptkbp:purpose to address the subprime mortgage crisis
gptkbp:related_to gptkb:2008_financial_crisis
gptkbp:repealed_by gptkb:none
gptkbp:resulted_in bank bailouts
gptkbp:revenue taxpayer funds
gptkbp:signed_by gptkb:George_W._Bush
gptkbp:was_followed_by financial reforms
economic recovery measures
gptkbp:was_part_of gptkb:U._S._economic_policy
economic recovery efforts
gptkbp:was_supported_by business leaders
some economists
some politicians
gptkbp:bfsParent gptkb:Bush_Administration
gptkbp:bfsLayer 4