The parts of the federal government that played a major role in stabilizing the nation after the Great Recession were:
- The President
- Congress
- The Fed
President Obama instituted several Executive Orders aimed at helping the economy and also proposed laws to Congress as well that would help the economy.
Congress passed several laws that increased federal government intervention and made the financial system more secure to help the nation stabilize after 2008.
The Federal Reserve engaged in an aggressive expansionary monetary policy that saw more money pumped into the economy such that the economy was able to rebound.
In conclusion, several federal bodies did what they could to help the nation stabilize after the Great Recession.
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