The Treasury department announced last week that it will provide up to $1 billion in Troubled Asset Relief Program Funds to spur lending by Community Development Financial Institutions to businesses in the areas hardest hit by the economy.... (Continue reading)
Flanked by thousands of boxes of paper records stored by Metropolitan Archives, a Maryland-based business that used an Small Business Administration loan last year to buy its building, Obama said, “There’s still too little credit flowing to our small businesses,”... (Continue reading)
The Financial Stability Plan – Progress So Far: Over the past six weeks, the Treasury Department has implemented a series of initiatives as part of its Financial Stability Plan that – alongside the American Recovery and Reinvestment Act –... (Continue reading)