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President George W. Bush delivers a statement at the White House regarding the economic rescue plan. Public Law 110-343 (Pub. L. 110–343 (text), 122 Stat. 3765, enacted October 3, 2008) is a US Act of Congress signed into law by U.S. President George W. Bush, which was designed to mitigate the growing financial crisis of the late-2000s by giving relief to so-called "Troubled Assets."
On December 3, 2008, the Federal Assembly increased the prison sentence for violations of banking secrecy from a maximum of six months to a maximum of five years. [ 10 ] In November 2009, the Swiss government abolished the distinction between tax fraud (committing a financial crime) and tax evasion (simply "forgetting" the amount of money one ...
United States Department of the Treasury. After the freeing up of world capital markets in the 1970s and the repeal of the Glass–Steagall Act in 1999, banking practices (mostly Greenspan-inspired "self-regulation") and monetized subprime mortgages sold as low risk investments reached a critical stage during September 2008, characterized by severely contracted liquidity in the global credit ...
December 28, 2012: By a vote of 73 to 23, the U.S. Senate voted to extend the FISA Amendments Act for five years until December 31, 2017 [25] December 30, 2012: President Barack Obama signed the bill into law. [26] [27] January 18, 2018: The Senate approved a six-year extension of Section 702 of the Foreign Intelligence Surveillance Act. [28]
The Act extended the new markets tax credit through the end of 2008 and requires that future regulations ensure that non-metropolitan counties receive a proportional allocation of qualified entity investments. The Act extended through December 31, 2008, numerous energy provisions that would otherwise have expired at the end of 2007, including:
The Federal Reserve, Treasury, and Securities and Exchange Commission took several steps on September 19, 2008, to intervene in the crisis caused by the late-2000s recession. To stop the potential run on money market mutual funds, the Treasury also announced that same day a new $50 billion program to insure the investments, similar to the ...
December 15, 2024 at 7:36 PM ... His total revenue last year was over $1.3 million, he said. Lei said many of his friends, relatives and neighbours opened similar businesses. ... up sharply from ...
The Food, Conservation, and Energy Act of 2008 (Pub. L. 110–246 (text), H.R. 6124, 122 Stat. 1651, enacted June 18, 2008, also known as the 2008 U.S. Farm Bill) was a $288 billion, five-year agricultural policy bill that was passed into law by the United States Congress on June 18, 2008.