What was the purpose of the Troubled Assets Relief Program (TARP) in late 2008?

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01-03-2016
Social Studies

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What was the purpose of the Troubled Assets Relief Program (TARP) in late 2008?

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taskmasters taskmasters · Answer 1 · 2016-03-11T11:09:58+01:00

taskmasters taskmasters

11-03-2016

Troubled Assets Relief Program (TARP) is a program of the United States government whose main purpose is to purchase assets and equity from financial institutions in order to strengthen its financial sector. It was signed by President George W. Bush on October 3.

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