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Saturday, February 27, 2021

Treasury Dials Back Plan to Aid Banks

The Obama administration's program to help relieve banks of their toxic securities, once touted by officials as critical to reviving the financial system, was instead unveiled yesterday as a modest safety net aimed at preventing the banking sector from suffering a relapse.

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The Obama administration’s program to help relieve banks of their toxic securities, once touted by officials as critical to reviving the financial system, was instead unveiled yesterday as a modest safety net aimed at preventing the banking sector from suffering a relapse.




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