Topic: Brookly McLaughlin

US Treasury finalizes 4-billion-dollar loan for GM

The US Treasury said late Wednesday it had finalized a 4-billion-dollar emergency loan for troubled automaker General Motors.The department " today finalized the loan transaction for GM and funded the first tranche of 4 billion dollars," said Treasury spokeswoman Brookly McLaughlin. Copyright ...
The authority for the U.S. Treasury Department to purchase equity in government sponsored entities (GSE) Fannie Mae and Freddie Mac is 'not something we expect to use,' said Treasury deputy assistant secretary for public affairs Brookly McLaughlin. Rather, it is a ...