- 11/20/2008
Frank Urges Paulson to Use TARP Funds to Stem Foreclosures
Washington, DC - House Financial Services Committee Chairman Barney Frank (D-MA) sent a letter today to Treasury Secretary Henry Paulson, following up on the November 18th House Financial Services Committee hearing on the Troubled Assets Relief Program (TARP). Chairman Frank urged Secretary Paulson to immediately use funds authorized by TARP legislation to help stem foreclosures. “We can not afford to miss this opportunity to act,” wrote Chairman Frank.
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