Obama to ‘Rebrand’ Bailout

Real Team Of Rivals

Updated Apr. 25, 2017 4:22PM EDT / Published Jan. 12, 2009 7:43AM EST

President-elect Barack Obama and President Bush are joining forces to fix the ailing economy. Bush will ask Congress to release the secondary bailout funds—amounting to $350 billion—while Obama will work to "rebrand" the program to disassociate it from criticisms of the initial Treasury program. Obama plans to add increased transparency to the allocation and include ways for consumers, homeowners, and entrepreneurs to tap the funds.

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Obama to ‘Rebrand’ Bailout