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Wednesday, November 30, 2022

Bailout Oversight Still Lacking, GAO Finds

The federal government's $700 billion bailout program continues to lack adequate oversight to make sure that banks receiving the taxpayer funds are using them properly, congressional investigators said yesterday.

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The federal government’s $700 billion bailout program continues to lack adequate oversight to make sure that banks receiving the taxpayer funds are using them properly, congressional investigators said yesterday.

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