{"id":11603,"date":"2009-03-06T16:00:29","date_gmt":"2009-03-06T16:00:29","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/wsj_bill_seeks_to_let_fdic_borrow_up_to_500_billion\/"},"modified":"2009-03-06T16:00:29","modified_gmt":"2009-03-06T16:00:29","slug":"wsj_bill_seeks_to_let_fdic_borrow_up_to_500_billion","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=11603","title":{"rendered":"WSJ: Bill Seeks to Let FDIC Borrow up to $500 Billion"},"content":{"rendered":"<p>Senate Banking Committee Chairman Christopher Dodd is moving to allow the Federal Deposit Insurance Corp. to temporarily borrow as much as $500 billion from the Treasury Department.<\/p>\n<p>The Connecticut Democrat&#8217;s effort &#8212; which comes in response to urging from FDIC Chairman Sheila Bair, Federal Reserve Chairman Ben Bernanke and Treasury Secretary Timothy Geithner &#8212; would give the FDIC access to more money to rebuild its fund that insures consumers&#8217; deposits, which have been hard hit by a string of bank failures.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/article\/SB123630125365247061.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Senate Banking Committee Chairman Christopher Dodd is moving to allow the Federal Deposit Insurance Corp. to temporarily borrow as much as $500 billion from the Treasury Department. The Connecticut Democrat&#8217;s effort &#8212; which comes in response to urging from FDIC<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=11603\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,149,583,585,596,669,584],"tags":[],"class_list":["post-11603","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-economy","category-the-2009-obama-administration-bank-bailout-plan","category-the-banking-systemsector","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-the-national-deficit","category-the-u-s-government"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/11603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11603"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/11603\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}