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September 01, 2020 10:27am
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The Looming Budget Battle over the Bank Tax

Treasury Secretary Tim Geithner appeared before the Senate Finance Committee today to push the Administration’s proposal for a Financial Crisis Responsibility Fee, more commonly known as the Bank Tax. The purpose of the fee is to [M]ake sure that the direct costs of TARP are paid for by the major financial institutions, not by the taxpayer. [...]
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