WASHINGTON: Americans are fed up with bank bailouts that risk taxpayer billions. The government's apparent solution: call them something else.
Congress is at work on a new program that would send US$30 billion to struggling community banks, in a process similar to the huge federal bailouts of big banks during the financial crisis.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!