The Economic Crisis and Stimulus Acts – A Guide to Online Sources
Federal News and Programs
Click on the links to view in full. The following are websites provided by the Federal Government regarding the economic crisis and the government response. These include links to the actual legislation, as well as analyses of the situation and policies related to the legislation.
Emergency Economic Stabilization Act of 2008 (EESA) (Pub.L. 110-343): To provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, to amend the Internal Revenue Code of 1986 to provide incentives for energy production and conservation, to extend certain expiring provisions, to provide individual income tax relief, and for other purposes.
US Securities and Exchange Commission: The mission of the U.S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.
Federal Deposit Insurance Corporation: The FDIC’s official website; supplies links to legislation regarding the economy. It also provides consumers with information on banks that have closed, including what your next step should be if your bank closes.
House Committee on Financial Services: The Committee oversees all components of the nation's housing and financial services sectors including banking, insurance, real estate, public and assisted housing, and securities.
Failed Bank List: Powered by the FDIC; a list of banks throughout the United States that have failed. Includes dates and detailed information about each institution.
The Financial Crisis: Sponsored by the Federal Reserve, this site offers a timeline for the economic crisis. It also provides a series of papers and presentations dealing with the topic, as well as statistical data. A great source for additional government links.
Indiana News and Programs
Click on the links to view in full. The following websites were created by the State Government and are geared for Hoosiers. Whether you are trying to file for unemployment or simply seeking information on how Indiana is allocating its stimulus money, this is the place to go.
Indiana Finance Authority (IFA): The IFA's primary mission is to oversee State-related debt issuance and provide efficient, effective financing solutions to facilitate state, local government and business investment in Indiana.
Newsweek: National magazine, includes sections on finance and the economy.
Marketwatch: Through the Wall Street Journal. Allows viewers to see how the market is doing, both in the United States and abroad. You can also access currency rates to up-to-date news stories.
Center on Budget and Policy Priorities: The Center on Budget and Policy Priorities is one of the nation’s premier policy organizations working at the federal and state levels on fiscal policy and public programs that affect low- and moderate-income families and individuals.
International Monetary Fund: The International Monetary Fund (IMF) is an organization of 185 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
The World Bank: Made up of two institutions, the International Bank for Reconstruction and Development, and the International Development Association. The World Bank provides low-interest loans, interest-free credits and grants to developing countries. Owned by 185 countries.
World Trade Organization: The World Trade Organization (WTO) deals with the rules of trade between nations at a global or near-global level. Includes information about the relationship between world trade and the economy.