The Emergency Economic Stabilization Act is signed into law. The bill establishes the $700 billion Troubled Asset Relief Program to assist troubled financial institutions in the wake of the late 2008 financial crisis. TARP is later expanded to assist nonfinancial companies, including General Motors Corp. and Chrysler.
Chairman Chris Dodd (D-Conn.) introduces comprehensive financial regulatory reform legislation in response to the 2008 financial crisis.
Visitors get their first look at the American Veterans Disabled for Life Memorial, which opened to the public on Monday, Oct. 6, 2014. The new memorial is located off Independence Ave. SW between the Rayburn House Office Building and HHS. Buy photo here.