Tarp | featured news

At least 50 banks have rejected funds from the Treasury over concerns that tougher restrictions may be imposed.

In a symbolic gesture of dissatisfaction with the government's attempts to stabilize the financial system, the U.S. House of Representatives voted 270-155 on Thursday against releasing a second allotment of $350 billion to the Troubled Asset Relief Program, or TARP.

A divided Senate has approved President-elect Barack Obama's request for $350 billion in unspent financial bailout funds.