Why Was TARP a Hard Pill for President Bush to Swallow

Multiple Choice

Why was TARP a hard pill for President Bush to swallow?

A) He was an advocate for monetary policy and was convinced that the Federal Reserve should lead the recovery.
B) He was a conservative and was wary of government responses to perceived market failures.
C) He believed Congress, not the president and his cabinet, should be in charge of financial markets.
D) He was an advocate of fiscal policy and was uncomfortable with increasing the deficit.