The Senate has just passed their version of the Emergency Economic Stabilization Act of 2008 (“EESA”). Access the text of the bill here. The Wall Street Journal covers the story here.
The bill appears to contain the same reference to retirement plans as did the House bill that was discussed in a previous post here.
Also, there appears to be this nice little Warren Buffett provision in the bill:-)
(3) PRIVATE SECTOR PARTICIPATION.—The Secretary shall encourage the private sector to participate in purchases of troubled assets, and to invest in financial institutions, consistent with the provisions of this section.