Lawmakers question treasury secretary over extension of federal bailout program
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Now we go to Washington, where Treasury Secretary Time Geithner faced a skeptical government oversight panel today. He was there to give a report on the future of the TARP program. That’s the government’s bailout program which so far has focused mostly on large banks. Geithner has said that efforts in 2010 will focus on some new projects, including a home loan modification program. An initiative to provide capital to small banks and a plan to make loans to small businesses. But lawmakers expressed concern. FSRN’s Karen Miller has more.
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