A conservative commentator was swiftly fact-checked online after claiming that former President Barack Obama was responsible for the 2008 Wall Street bailout—when George W. Bush was still in office.
In the aftermath of the 2008 financial crisis, the U.S. government authorized a massive bailout to stabilize Wall Street through the Troubled Asset Relief Program (TARP), signed into law by then-President George W. Bush in October 2008, according to Politico.
