1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natali5045456 [20]
2 years ago
6

How does Congress react to Paulson requesting a bailout of US banks totaling over 7 billion dollars?

History
1 answer:
murzikaleks [220]2 years ago
3 0

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

How does Congress react to Paulson requesting a bailout of US banks totaling over 7 billion dollars?

Congress acted against it, and the House of Representatives voted against Paulson requesting.

Let's remember the moment. It was September 20, 2008, when US Secretary of the Treasury, Henry Paulson, submitted this proposal to the lower house of Congress. The House of Representatives discussed the proposal but considered that it was a tax imposition for US citizens to try to save the bad decisions of the bankers. So on September 29, the House of Representatives voted against the proposal, and immediately the stock changes of the world -including the New York stock exchange, of course- plummeted.

President George W. Bush had to swiftly react and signed the EESA Act (the Emergency Economic Stabilization Act of 2008 to rescue the financial institutions and banks with $700 billion.

You might be interested in
Why do modern people migrate to new countries?
Soloha48 [4]
Either for religious freedom, rights or the country they immigrated from had a dictator. It can be many reasons why they migrate to other countries.
5 0
2 years ago
What civilization predated classical greece and developed on the island of crete
faust18 [17]
The correct answer is
<span>C. minioan civilization

Dorian and Macedonian came much later and Trojan was physically not located in Greece. Minoan is the oldest one and is famous for Knossos and other Crete related things as well as the stories of king Minos and the Minotaur.</span>
6 0
3 years ago
Read 2 more answers
Explain the extent to which the development of settled agriculture relied upon innovation or diffusion in Africa, the Americas,
77julia77 [94]

To a large extent, the development of settled agriculture depended upon innovation in Africa, the Americas, and Europe as technology plays a significant role in terms of increasing agricultural production.

<h3>How has technology modified agriculture?</h3>

Improvements in technology offer substantial capacity for farmers, entrepreneurs, and buyers to enhance the productiveness and performance of agriculture in Africa at a time while several factors, together with populace increase and weather change, threaten food security.

Thus, To a large extent, the development of settled agriculture depended upon innovation in Africa, the Americas, and Europe as technology plays a significant role in terms of increasing agricultural production.

learn more about technological improvements in agriculture:

brainly.com/question/22667958

#SPJ1

7 0
1 year ago
Please match the word to the correct definition.
mars1129 [50]
The concept by John Locke of the right of life, liberty, and the pursuit of happiness is- Natural rights.

A complaint against the British king/ govern is- Grievance

The well known writer in Virginia is- Thomas Jefferson

Document which colonies explained to Great Britain- The Declaration of Independence
4 0
2 years ago
This woman was captured by Northern forces and eventually married a Union officer.
Ahat [919]
The woman named Antonia Ford was captured by Northern forces and eventually married a Union Officer. Several Union officers were captured by the Northern forces based on the information's supplied by Antonia Ford. Later she was also captured and put behind the bars. The guard who was responsible for guarding her, fell in love with her and later on they married and raised a family. She was actually a civilian spy of the Confederates before her capture. She was the daughter of a prominent merchant of that time.


7 0
3 years ago
Other questions:
  • When Reagan says "freedom is the victor" is that a fact an opinon or a judgment response? cite evidence from the speech to suppo
    12·1 answer
  • Were the Sumerians ok with Sargon being their emperor? Also, how many civilizations did Sargon unit?
    15·1 answer
  • Which of the following are changes that have occurred in recent years?<br> Select all that apply.
    10·1 answer
  • Which of the following resulted from the travels of Zheng He and helped break down trade barriers?
    6·1 answer
  • 1. The two major river systems of China are the<br>and the​
    5·2 answers
  • Why was the location of the Mayan civilization crucial to its development?
    7·1 answer
  • 1. Explain what made Amenhotep III such an effective ruler <br> Plz help
    12·1 answer
  • Do you know of any important public buildings that house civic or political institutions today and how do these building reflect
    15·1 answer
  • John Locke supported the idea of
    8·1 answer
  • Why were there no other settlements around Fort Sill?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!