Why were so many Americans opposed to the Troubled Asset Relief Program?


Answer:- Following the 2008 financial crisis, the US Treasury established the Troubled Asset Relief Program (TARP). TARP stabilized the economy by instructing the government to purchase mortgage-backed assets and bank equities. TARP invested $426.4 billion in enterprises and got $441.7 billion in return from 2008 to 2010. TARP was controversial at the time, and its effectiveness is still being contested.


The Troubled Asset Relief initiative (TARP) is a United States government initiative that was created by Congress and signed into law by President George W. Bush to purchase hazardous assets and fairness from banking institutions in order to strengthen their financial system. Treasury announced a number of schemes under TARP to assist with long-term stability.


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