Saturday, November 15, 2008

Congress Mulls More Power for Flailing Treasury

Does anyone get the feeling that Congress is pushing the Treasury Department to take as much action as possible in order to have a scape goat?

So says Congress: Treasury has done a terrible job of managing the bailout. That’s why Treasury should get expanded authority — for instance, to approve bank mergers.

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Posted by Owen at 1356 hrs
Economy + Politics + Politics - General

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