Troubled Asset Relief Program (TARP)

The End of TARP to Be Met with Controversy

The Troubled Asset Relief Program (TARP) began with a single, basic idea: prevent imminent economic collapse. With that premise, then-Treasury Secretary Henry Paulson convinced Congress and President Bush to authorize $700 billion of emergency spending to undertake actions to avert such disaster. Now, with economic catastrophe averted but with the nation's economy still struggling, a new report turns policymakers' focus to the end of TARP.

More Benefits for the TARP'd

(Craig Jennings 12/16/09; 0 comments)

COP Evaluates TARP, Gives it a Passing Grade

(Sam Rosen-Amy 12/09/09; 0 comments)

House Moves to Give More Access for GAO, SIGTARP, and the Public

While the attention of many transparency advocates has been focused on the first round of recipient reporting under the American Recovery and Reinvestment Act (the Recovery Act), the House has been working on two financial transparency measures dealing with the Federal Reserve and use of the Wall Street bailout funds.

The Obama administration rolled out a revamped Public-Private Investment Program (PPIP) the week of Oct. 5. The program is designed to accomplish the original goals of the Troubled Asset Relief Program (TARP). According to observers, the program still contains too little disclosure of conflicts of interest among those charged with implementing it.