Banking and Finance

Commercial Restructuring and Bankruptcy

Governmental Relations

  KEYWORD:

U.S. Economic Recovery Initiative

This page is designed to provide Adams and Reese clients with up-to-the-minute news and information about the U.S. Economic Recovery Initiative. If you have specific questions or need additional information about the Initiative, please contact Jeffrey Brooks (202) 478-1211, or by e-mail at jeffrey.brooks@arlaw.com


Emergency Economic Stabilization Act

Summary of the Act

View the Entire Act

A Summary of Votes Cast in the Senate

A Summary of Votes Cast in the House of Representatives


Actions Taken by the U.S. Government and Other Entities

List of Banks that have Announced Preliminary Approval by the Treasury Department for Participation in the Capital Injection Program (November 18, 2008)

Treasury Department Provides Updates on the Emergency Economic Stabilization Act (October 28, 2008)

FDIC Lays Out Framework and Operating Details of Temporary Liquidity Guarantee Program (TLGP) (October 23, 2008)

Fed Announces Plan to Grant up to $540 Billion to Money Market Funds; Creates Money Market Investor Funding Facility (MMIFF) (October 21, 2008)

National Credit Union Administration (NCUA) Approves Corporate Credit Union Loan Guarantee Program (October 16, 2008)

Treasury Announces TARP Capital Purchase Program Description (October 14, 2008)

Treasury Department Announces Executive Compensation Rules For Financial Institutions Under the Emergency Economic Stabilization Act (October 14, 2008)
 
Treasury Department Announces Plan to Purchase Equity Stakes in a Wide Array of Banks and Thrifts (October 14, 2008)

FDIC Announces Plan to Free Up Bank Liquidity (October 14, 2008)

U.S. Treasury Assistant Secretary Neel Kashkari Provides a Comprehensive Outline of the Bailout Program (October 13, 2008)

FDIC Adopts Restoration Plan; Proposes Higher Assessments on Insured Banks (October 7, 2008)

Federal Reserve Announces Creation of the Commercial Paper Funding Facility (CPFF) (October 7, 2008)


What People Are Saying

Henry M. Paulson Provides an Update on the U.S. Economy and the Implementation of the Financial Rescue Package (November 12, 2008)

Neel Kashkari Provides an Update on the Implementation of the Troubled Asset Relief Program (TARP) (November 10, 2008)

Fed Chairman Bernanke Comments on the Stabilization of the Financial Markets and the Economy (October 15, 2008)

Henry Paulson, Ben Bernanke and Sheila Bair Issue Joint Statement About the U.S. Economy (October 14, 2008)

Statement by U.S. Treasury Secretary Henry Paulson on Financial Markets (October 8, 2008)

Fed Chairman Bernanke’s Speech at the National Association for Business Economics Annual Meeting (October 7, 2008)

Statement by U.S. Treasury Secretary Henry Paulson on Emergency Economic Stabilization Act (October 3, 2008)

National Credit Union Administration (NCUA) Statement on Passage of Economic Stabilization Package (October 3, 2008)

Mortgage Bankers Association (MBA) Hails Passage of Economic Stabilization Package, Tax Extenders (October 3, 2008)

Republican Study Committee's Legislative Bulletin (October 3, 2008)