Obama urges banks to lend; Citi, Wells Fargo to repay TARP funds (USA Today)

President Obama vowed to “recover every last dime” of taxpayer funds that went to rescue Wall Street, as banking giants Citigroup and Wells Fargo announced plans Monday to repay Uncle Sam.

Obama met with top bankers at the White House Monday, urging them to help the economy by extending loans to good borrowers, chiding them for lobbying against tougher regulations and reminding them that “the American people” saved them from “a predicament largely of their own making.”

Click here to read the entire article from the USA Today.

Related posts