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

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    “Language was vigorous because, because ... editors usually “laid all the cards on the table so as to leave their hands ... free for more persuasive arguments!” The citizenry at large retaliated as best they could.”
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    “The bread-winner must toil as in the fruitless effort of a troubled dream while the expenditure of an uneducated wife discounts the income in the lack of understanding to discern the broad possibilities of an intelligent economy.”
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    “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.”
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    “Nowadays, if New York has a heart, it might be the Garden. Almost everyone goes there, for one purpose or another. There are dog shows, and Sonja Henie and mass meetings.”
    —In New York City, U.S. public relief program (1935-1943)

    “It is said that a carpenter building a summer hotel here ... declared that one very clear day he picked out a ship coming into Portland Harbor and could distinctly see that its cargo was West Indian rum. A county historian avers that it was probably an optical delusion, the result of looking so often through a glass in common use in those days.”
    —For the State of New Hampshire, U.S. public relief program (1935-1943)