18+ Emergency Economic Stabilization Act Of 2008 Summary Background. According to the text of the bill, its purpose was to stabilize the economy in the wake of the 2008 recession and prevent economic disruption. * emergency economic stabilization act of 2008 * energy improvement genetic information nondiscrimination act of 2008.
4 (a) short title.—this act may be cited as the 5 ''emergency economic stabilization act of 2008''. Sometimes these names say something about the substance of the law (as with the '2002 winter olympic commemorative coin act'). (2) to ensure that such authority and such facilities are used in a manner that—.
Eesa authorized a flexible program to respond to financial instability.
The secretary of the treasury can use to restore liquidity and stability to the financial system of the united states; On october 3, 2008 president george w. Division a—emergency economic stabilization act of 2008. The emergency economic stabilization act of 2008, commonly referred to as a bailout of the u.s.