Since the beginning of the crisis in late 2008, the U.S Government and Congress have passed a number of bills into law. These bills have been designed to inject liquidity into the financial markets, increase availability of credit, and encourage consumer spending. A number of regulations have also been introduced to curb practices in the sub-prime mortgage industry.

 

• Economic Stimulus Act of 2008
• Housing and Economic Recovery Act of 2008
• Emergency Economic Stabilization Act of 2008

 

1 Comment | Categories: Banking, Financial Planning

One Response to “Laws to Prevent and Counter the Financial Crisis”

1. 1
   Unknown Says:
   May 3rd, 2009 at 7:57 pm

   Hi, nice post. I have been pondering this topic, so thanks for writing. I will definitely be subscribing to your blog.