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MAGA Journalist Fact-Checked Over Claims Obama Bailed Out Wall Street in 2008. Bush Was President in 2008

  • Batya Ungar-Sargon wrongly stated on CNN that Barack Obama's first act was the Troubled Asset Relief Program, but this program was actually signed into law by George W. Bush in October 2008, prior to Obama's election.
  • TARP, signed into law by George W. Bush on October 3, 2008, was a response to the financial crisis during his administration.
  • Political commentators have rebuked Ungar-Sargon for misrepresenting facts, with criticism directed at her understanding of key historical events and economic policy.
  • Former officials highlighted that Obama's first major bill was the Lilly Ledbetter Fair Pay Act in 2009, not TARP, which was enacted during the financial crisis in 2008.
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Latin Times broke the news in on Friday, April 11, 2025.
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