Obama faces his first big test in the Senate as Democratic and Republican senators debate whether to release the second $350 billion of TARP for his own foreclosure prevention program.
The U.S. Senate approved the release of the second half of the Troubled Asset Relief Program to Barack Obama because of his promise to spend most of the money to mitigate foreclosure.
The Securities Industry and Financial Markets Association and other groups have called for a return to the original purpose of the $700 billion foreclosure prevention fund.
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