Plan to impose new rules, aims to unclog credit

By doris | Published: February 10, 2009

Full Story At  msnbc.com

WASHINGTON – The Obama administration, seeking to deal with the political outrage over the handling of the government’s $700 billion financial rescue program, plans to impose tough new standards on future payments to banks. It is also greatly expanding an effort to unclog credit markets to provide loans to consumers and businesses.

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