Banks: USA
Treasury
Jim Cousins (Newcastle upon Tyne Central, Labour)
To ask the Chancellor of the Exchequer whether UK-based banks with entities or subsidiaries in the US are able to gain access to the US's Troubled Assets Relief Programme.
Ian Pearson (Parliamentary Under-Secretary (Economic and Business), Department for Business, Enterprise & Regulatory Reform; Dudley South, Labour)
The Troubled Assets Relief Programme (TARP) is a US scheme and eligibility criteria for the TARP program are a matter for the US Administration.