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Troubled Asset Relief Program: Status of Efforts to Address Transparency and Accountability Issues: Congressional Testimony
Troubled Asset Relief Program: Status of Efforts t

 
Our Price: $10.00
By Gene L. Dodaro (au)
Year: 2009
Pages: 15
Binding Paperback

Product Code: 1437913970

Description
 
Discusses work on the Troubled Asset Relief Program (TARP), under which the Dept. of the Treasury has the authority to purchase and insure up to $700 billion in troubled assets held by financial institutions through the Office of Financial Stability. Treasury was granted this authority in response to the financial crisis that has threatened the stability of the U.S. banking system and the solvency of numerous financial institutions. The Act that authorized TARP requires a report at least every 60 days on findings resulting from their oversight of the status of actions taken under the program. The act also created additional oversight entities -- the Congressional Oversight Panel and the Special Insp. Gen. for TARP -- that also have reporting respon.

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