tarp
Many Republicans in both the House and Senate voted in favor of the Emergency Economic Stabilization Act of 2008, which authorized the secretary of the Treasury to create the Troubled Asset Relief Program to provide financial aid to banks and other financial institutions. Indeed, on September 29, 2008, 65 House Republicans voted in favor of H.R. 3997, the original House vehicle for the act. After that legislation failed, on October 1, 2008, 34 Senate Republicans voted for H.R. 1424, the new vehicle for the act, and on October 3, 2008, 91 House Republicans voted for that bill. President Bush, a Republican, subsequently signed it into law.
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