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Archive Home > 2009 > May > 22 > Geithner: $700B fund is not permanent

Geithner: $700B fund is not permanent


May 22, 2009

WASHINGTON — The Treasury intends to use bank repayments of government aid to continue assisting the financial sector, Treasury Secretary Timothy Geithner told lawmakers Thursday even as he assured them that the $700 billion rescue fund would not become a permanent financial bailout....

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