White House: Bailout Plan Must Pass Paulson/Bernanke Test

Any Wall Street bailout plan must be approved by Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke, the White House said today.

The “test” for any final plan,

Tags Ben Bernanke Business Economics Economy of the United States Emergency Economic Stabilization Act Federal Reserve System Fellows of the Econometric Society Henry Paulson Late-2000s financial crisis Macroeconomics Person Career Politics Too Big to Fail Troubled Asset Relief Program

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