Oversight of The Troubled Asset Relief Program

Oversight Of The Troubled Asset Relief Program

The Emergency Economic Stabilization Act created the Troubled Asset Relief Program to administer up to $700 billion. Several oversight mechanisms are established by the bill, including the Congressional Oversight Panel, the Special Inspector General for TARP (SIGTARP), the Financial Stability Oversight Board, and additional requirements for the Government Accountability Office (GAO) and the Congressional Budget Office (CBO).

Read more about Oversight Of The Troubled Asset Relief Program:  Financial Stability Oversight Board (FSOB), Congressional Oversight Panel (COP), Government Accountability Office (GAO), Special Inspector General For TARP (SIGTARP), Additional Resources On TARP Oversight

Famous quotes containing the words relief program, troubled, asset, relief and/or program:

    “Sir: Between buccaneers, no ceremony; I take your dry goods, and in return I send you pimento; therefore, we are now even. I entertain no resentment.... Nothing can intimidate us; we run the same fortune, and our maxim is that the goods of this world belong to the strong and valiant.”
    —For the State of Florida, U.S. public relief program (1935-1943)

    “These are the things that we have learned to do
    Who live in troubled regions.”
    —Adrienne Rich (b. 1929)

    “Imagination is a valuable asset in business and she has a sister, Understanding, who also serves. Together they make a splendid team and business problems dissolve and the impossible is accomplished by their ministrations.... Imagination concerning the world’s wants and the individual’s needs should be the Alpha and Omega of self-education.”
    —Alice Foote MacDougall (1867–1945)

    “I done et so free o’ fish, my stommick rises and falls with the tide.”
    —For the State of Florida, U.S. public relief program (1935-1943)

    “If Los Angeles has been called “the capital of crackpots” and “the metropolis of isms,” the native Angeleno can not fairly attribute all of the city’s idiosyncrasies to the newcomer—at least not so long as he consults the crystal ball for guidance in his business dealings and his wife goes shopping downtown in beach pajamas.”
    —For the State of California, U.S. public relief program (1935-1943)