Summers Says TARP to Be ‘Very Different’ Under Obama

The U.S. financial-rescue program will be “very different” under President Barack Obama than it was under his predecessor, said Lawrence Summers, director of the White House’s National Economic Council.

“The priority is to get credit flowing again,” Summers, appearing on NBC’s “Meet the Press” today, said of the second half of the $700 billion Troubled Asset Relief Program. “It’s going to emphasize transparency, it’s going to ... Full Story »

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