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Emergency Economic Stabilization ActDefinition U.S. law that was drafted and ratified during the financial crisis in 2008. The act allows for the Department of Treasury to make available up to $700 billion to purchase "bad" as [..]
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Emergency Economic Stabilization ActThe Emergency Economic Stabilization Act of 2008 aims at providing economic stability to the U.S financial system. The object of the Act is to ensure economic well being of Americans citizens. The Act [..]
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Emergency Economic Stabilization ActA 2008 statute that authorized the U.S. Department of the Treasury to undertake specific measures to provide stability and prevent disruption in the financial system and the economy. It also provided funds to preserve homeownership.
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