Sections

Weather Forecast

Close
Advertisement

AP source: Obama considers levy for rescued firms

Email News Alerts

WASHINGTON (AP) -- Targeting an industry whose political deafness has vexed his administration, President Barack Obama is weighing recovering tax dollars from government-rescued financial institutions with a levy.

Advertisement

The proposed levy could put Obama on the popular side of public opinion that is decidedly against Wall Street and angry over shortfalls in a $700 billion bank bailout fund.

Get the full story
Subscribe or Log In

Are you a newspaper subscriber but you don't have a Digital Access account yet? Activate your account.

You will need your subscription account number and phone number. Not sure if you have an account? Email us or call 320-214-4364 and we can help you.

Advertisement
Advertisement