Answer:
banks and other financial institutions.
Explanation:
The Emergency Economic Stabilization Act passed in answer to the subprime mortgage crisis. The subprime mortgage crisis happened when banks sold too many contracts to support the demand for mortgage securities. The Act allowed the United States Department of the Treasury to purchase assets that have dropped their value and restore market liquidity. The Act was offered by Henry Paulson and passed in 2008.
The Emergency Economic Stabilization Act of 2008 was designed to help banks and other financial institutions.
This act was set up to tackle the mortgage crisis in 2008 by providing bailout funds to banks.
They were also given to other financial institutions which is why option C was chosen as the most appropriate choice.
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