Senate Banking, Housing, and Urban Affairs Committee hearing entitled Turmoil in U.S. Credit Markets: Recent Actions Regarding Government Sponsored Entities, Investment Banks and Other Financial Institutions, September 23, 2008

• A Summary of Chairman Dodd’s proposal in response to the Treasury Department’s plan
• Full text of the draft legislation: To provide authority for the Federal Government to purchase certain types of troubled assets for the purposes of providing stability or preventing disruption to the financial markets and banking system and protecting taxpayers, and for other purposes.