Home

Blog

Recently Visited

  • Getting bills...

News, Commentary, and What to Watch on WashingtonWatch.com Blog Feed

What We Need is a TARP Inspector

I continue to be impressed by the number of bills being introduced to amend the big financial services bailout program known as the “Troubled Asset Relief Program,” or “TARP.”

We discussed some of this earlier in a post called “Ready, Vote, DEBATE!” But here are all the current bills that have “Troubled Asset Relief Program” in the title.

It looks like Congress just plain forgot to have a Special Inspector General for the TARP. “Oopsie daisies! We were so busy spending 700 billion dollars that we forgot!”

Many more bills deal with the program. These are just the ones with “Troubled Asset Relief Program” in the title:

S. 3683, A bill to amend the Emergency Economic Stabilization Act to require approval by the Congress for certain expenditures for the Troubled Asset Relief Program

S. 3697, A bill to amend the Emergency Economic Stabilization Act to require approval by the Congress for certain expenditures for the Troubled Asset Relief Program

S. 18, The Troubled Asset Relief Program Inspector General Improvement Act

S. 3716, The Special Inspector General for the Troubled Asset Relief Program Act of 2008

H.R. 7333, The Special Inspector General for the Troubled Asset Relief Program Act of 2008

H.R. 7334, To amend the Federal Deposit Insurance Act to require each insured depository institution which receives an investment or other assistance under the Troubled Assets Relief Program to include in the quarterly call report the amount of any increase in new lending that is attributable to such investment or assistance, and for other purposes

S. 3731, The Special Inspector General for the Troubled Asset Relief Program Act of 2008

Add Comment


Comments are limited to 1,000 characters. Please do other visitors the courtesy of expressing yourself concisely. WashingtonWatch.com bears no responsibility for comments nor any obligation to publish them. Comments that are impolite, off-topic, violations of others' rights, or advertisements are likely to be removed.