WASHINGTON, March 23 (UPI) -- The U.S. Treasury unveiled its plan to free banks from frozen assets Monday, using a partnership with the private sector to give more clout to taxpayer dollars.
WASHINGTON, March 22 (UPI) -- The federal government is about to take up to $1 trillion in bad loans and other toxic assets off the hands of U.S. banks, The Washington Post reported Sunday.
WASHINGTON, March 21 (UPI) -- The U.S. Treasury's plan to take "toxic assets" off the books of troubled banks relies heavily on private capital taking a role, sources say.
WASHINGTON, Feb. 7 (UPI) -- The U.S. government has decided to go with an alternative to a "bad bank" to soak up the "toxic" assets held by financial institutions, sources say.
WASHINGTON, Feb. 2 (UPI) -- The Obama administration is fine-tuning plans for financial and homeowner rescue strategies that will be unveiled next week, a U.S. Treasury official said.
WASHINGTON, Jan. 19 (UPI) -- A key economic adviser to Barack Obama said the new administration expects U.S. banks to increase lending as a condition for receiving government aid.
WASHINGTON, Nov. 24 (UPI) -- U.S. President George Bush Monday hailed the decision to shore up Citigroup as a "first step toward economic recovery."
