Troubled Asset Relief Program (TARP): As Treasury Continues to Exit Programs, Opportunities to Enhance Communication on Costs Exist

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By Orice Williams Brown (au); A. Nicole Clowers (au); Thomas J. McCool (au)
Year: 2012
Pages: 85
Binding Paperback
ISBN 978-1-4578-2704-4

Product Code: 1457827042

Description

The Emergency Economic Stabilization Act of 2008 authorized the Department of the Treasury (Treasury) to create the Troubled Asset Relief Program (TARP), a $700 billion program designed to restore the liquidity and stability of the financial system. The act also requires that a report be issued every 60 days on TARP activities. This report examines: (1) the condition and status of TARP programs; (2) Treasuryäó»s management of TARP operations, including staffing for the Office of Financial Stability and oversight of contractors and financial agents; and (3) what is known about the direct and indirect costs of TARP. Includes recommendations. Charts and tables. This is a print on demand edition of an important, hard-to-find report.

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