WASHINGTON (AFP) – The US government's multi-billion-dollar bank bailout helped avert a second Great Depression and cost taxpayers much less than expected, but was far from perfect, a congressional watchdog said Wednesday.
Representative Darrell Issa (R-CA), the next chairman of the House Oversight and Government Reform Committee, is planning to massively expand investigations into the executive branch.
The White House said Thursday the cost of the 700-billion-dollar bank bailout launched at the height of the financial crisis was much lower than expected, at under 50 billion dollars.
Representative Darrell Issa (R-CA), the next chairman of the House Oversight and Government Reform Committee, is planning to massively expand investigations into the executive branch.