Special Inspector General for the Troubled Asset Relief Program Initial Report to Congress, February 6, 2009

Special Inspector General for the Troubled Asset Relief Program Initial Report to Congress, February 6, 2009
Author: Etats-Unis. Office of the special inspector general for the troubled asset relief program
Publisher: U.S. Independent Agencies and Commissions
Total Pages: 192
Release: 2009-03
Genre: Business & Economics
ISBN: 9780160825330

Provides a ready reference on what TARP is and how it has been used, at least for the first $350 billion authorized as of January 23, 2009. The goal is to advance economic stability through transparency, coordinated oversight, and robust enforcement.

Following the Money

Following the Money
Author: United States Congress
Publisher: Createspace Independent Publishing Platform
Total Pages: 412
Release: 2017-10-17
Genre:
ISBN: 9781978318137

Following the money: report of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) : hearing before the Committee on Oversight and Government Reform, House of Representatives, One Hundred Eleventh Congress, first session, July 21, 2009.

The Special Inspector General for the Troubled Asset Relief Program (SIG TARP).

The Special Inspector General for the Troubled Asset Relief Program (SIG TARP).
Author:
Publisher:
Total Pages: 0
Release: 2008
Genre:
ISBN:

Due to the ambiguous nature of the statutory language in P. L. 110-343, the scope of the powers and authorities of the SIG TARP is not clear, as discussed below. [...] Although the absence of the additional IG Act language regarding political affiliation and appointment based only on job qualification skills does not change the legal protections that the IG Act and P. L. 110-343 afford to the SIG TARP, the SIG TARP may be less independent than other IGs as a practical matter, given that the SIG TARP is not subject to the same appointment constraints. [...] Unlike IGs in other agencies, who "shall report to and be under the general supervision" of the agency head,7 the SIG TARP will not be required to report to, or be supervised by, the head of any agency, including the Secretary of the Treasury. [...] If the SIG TARP's duties and responsibilities are interpreted to be confined to those in § 4 of the IG Act, the above cross reference to "the reports required by section 5" in § 4(a)(5) of the IG Act appears to subject the SIG TARP to the IG Act § 5 reporting requirements as well. [...] However, it is not clear as to whether the SIG TARP would need to submit the reports in § 5 of the IG Act in addition to the reports required in P. L. 110-343 or whether the SIG TARP would only be responsible for the required reports set forth in P. L. 110-343.