According to the new rules, the Treasury Department will implement safeguards to prevent lobbyist influence over the program, including restricting contacts with lobbyists in connection with applications for, or disbursements of the bailout funds.
Moreover, the department will ensure that political influence does not interfere with bailout funds decision making, using as a model for these protections the limits on political influence overtax matters.
And in reporting to Congress, the Office of Financial Stability (OFS) will certify that each investment decision is based only on investment criteria and the facts of the case.
2009年1月29日星期四
2009年1月22日星期四
Dollar falls
The weak economic reports sent Wall Street down. Stocks were also hurt by software giant Microsoft, which said it would cut 5,000 jobs in 18 months.
The dollar fell against the euro and the yen in New York trading. It rose against the pound as the British currency was under heavy pressure from worries over U.K. banking system.
The euro bought 1.3021 dollars in late New York trading compared with 1.2954 dollars it bought late Wednesday. The pound fell to 1.3876 dollars from 1.3922 dollars.
The dollar fell against the euro and the yen in New York trading. It rose against the pound as the British currency was under heavy pressure from worries over U.K. banking system.
The euro bought 1.3021 dollars in late New York trading compared with 1.2954 dollars it bought late Wednesday. The pound fell to 1.3876 dollars from 1.3922 dollars.
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