About Treasury Scope

Treasury Scope track’s the financial troubles and the U.S. Treasury Department. This blog is maintained to share inormation and commetary. I wish for all to participate, but I also wish for my friends and supporters to know that I am a supporter of Treasury Secretary Timothy F. Geithner.

This blog will share timely and imporant press releases, schedule information, and selected press clippings. It will be organized by treasury office and topic. The Financial Stability Plan will have its own categories.

About...

Treasury Scope track’s the financial troubles and the U.S. Treasury Department. This blog is maintained to share inormation and commetary. I wish for all to participate, but I also wish for my friends and supporters to know that I am a supporter of Treasury Secretary Timothy F. Geithner.
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Please Visit Financial Stability.gov!

Treasury Announces New Website Detailing Financial Stability Plan Programs
The U.S. Department of the Treasury launched a new web site--FinancialStability.gov – to provide the American people with information about the Obama Administration's efforts to stabilize our financial system.

At FinancialStability.gov, users will learn about the design of the Administration's Financial Stability Plan and its impact on opening up lending to consumers and businesses. Under the plan, Treasury has announced detailed programs to address falling housing prices through a mortgage refinancing and modification program that will help up to 9 million American stay in their homes; unlock frozen credit markets through a Consumer and Business Lending Initiative to jumpstart new auto, credit card and student loans; assess banks' need for an extra capital cushion in the face of a worsening economy and provide them with access to capital through the Capital Assistance Program; and buy up troubled assets weighing down bank balance sheets through a Public Private Investment Program, allowing banks to raise private capital and increase lending.

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