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Senate to vote as early as Thursday on TARP

Mon Jan 12, 2009 5:33pm EST
 
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WASHINGTON (Reuters) - The U.S. Senate is expected to vote as early as Thursday on a resolution of disapproval on the final $350 billion tranche of the financial industry bailout, a spokesman for Senate Majority Leader Harry Reid said on Monday.

President George W. Bush agreed to make the request for the money on behalf of President-elect Barack Obama and Congress has 15 days to consider the resolution under the original $700 billion rescue plan adopted last year.

(Reporting by Jeremy Pelofsky)

 

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