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:

    “Known commonly as the jackass, this long-eared little creature is respected throughout the southwest—roundly cursed yet respected—and here he is usually referred to by his Spanish name, burro. Because of his extraordinary bray, he is sometimes ironically called the “Arizona Nightingale.””
    —Administration in the State of Ariz, U.S. public relief program (1935-1943)

    “Just as poor families have dutiful children, so too there are loyal ministers in troubled times.”
    —Chinese proverb.

    “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)

    “Neighboring farmers and visitors at White Sulphur drove out occasionally to watch ‘those funny Scotchmen’ with amused superiority; when one member imported clubs from Scotland, they were held for three weeks by customs officials who could not believe that any game could be played with ‘such elongated blackjacks or implements of murder.’”
    —For the State of West Virginia, U.S. public relief program (1935-1943)

    “A ‘spasm band’ is a miscellaneous collection of a soap box, tin cans, pan tops, nails, drumsticks, and little Negro boys. When mixed in the proper proportions this results in the wildest shuffle dancing, accompanied by a bumping rhythm.”
    —For the City of New Orleans, U.S. public relief program (1935-1943)