Citizens Report On The Troubled Asset Relief Program Tarp
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United States Government Accountability Office Reports on the Troubled Asset Relief Program (TARP).
Author | : United States. Government Accountability Office |
Publisher | : |
Total Pages | : |
Release | : 2008 |
Genre | : |
ISBN | : |
Troubled Asset Relief Program
Author | : U. S. Department U.S. Department of the Treasury |
Publisher | : Createspace Independent Publishing Platform |
Total Pages | : 42 |
Release | : 2016-11-21 |
Genre | : |
ISBN | : 9781540532596 |
TARP was created more than four years ago by the Emergency Economic Stabilization Act of 2008 (EESA) as part of a broad-based federal response to the financial crisis. Thanks to TARP and the other emergency actions taken by the government, as well as the financial reforms that are being put in place, our economy is stronger, banks are better capitalized, the weakest parts of the financial system no longer exist, struggling homeowners have seen relief, and credit is more available to consumers and small businesses.
Troubled Asset Relief Program (Tarp)
Author | : Baird Webel |
Publisher | : CreateSpace |
Total Pages | : 30 |
Release | : 2014-10-31 |
Genre | : |
ISBN | : 9781503009325 |
The Troubled Asset Relief Program (TARP) was created by the Emergency Economic Stabilization Act1 (EESA) enacted on October 3, 2008. EESA was passed by Congress and signed by President George W. Bush to address an ongoing financial crisis that reached near-panic proportions in September 2008.
Citizens¿ Report
Author | : Gene L. Dodaro |
Publisher | : DIANE Publishing |
Total Pages | : 28 |
Release | : 2010-02 |
Genre | : Political Science |
ISBN | : 1437913024 |
The Gov¿t. Accountability Office (GAO), the audit, evaluation, and investigative arm of the Congress, exists to support the Congress in meeting its respon. and to help improve the performance and accountability of the fed. gov¿t. It examines the use of public funds; evaluates fed. programs and policies; and provides analyses, recommendations, and other assistance to help the Congress make informed oversight, policy, and funding decisions. GAO organizes and manages its resources to support 3 broad strategic goals. These include helping to address challenges to the well being and economic security of the American people, U.S. national and homeland security efforts, and modernizing gov¿t. to meet current and emerging issues.
Troubled Asset Relief Program
Author | : U.s. Government Accountability Office |
Publisher | : |
Total Pages | : 86 |
Release | : 2017-08-04 |
Genre | : |
ISBN | : 9781974227051 |
"The Emergency Economic Stabilization Act of 2008 authorized the Department of the Treasury (Treasury) to create the Troubled Asset Relief Program (TARP), a $700 billion program designed to restore the liquidity and stability of the financial system. The act also requires that GAO report every 60 days on TARP activities. This report examines (1) the condition and status of TARP programs; (2) Treasury's management of TARP operations, including staffing for the Office of Financial Stability (OFS) and oversight of contractors and financial agents; and (3) what is known about the direct and indirect costs of TARP. To do this work, GAO analyzed audited financial data for various TARP programs; reviewed documentation such as program terms and internal decision memos; analyzed TARP cost estimates from the Congressional Budget Office (CBO), the Office of Management and Budget, and Treasury; and interviewed CBO and OFS officials."
Troubled Asset Relief Program (TARP)
Author | : A. Nicole Clowers |
Publisher | : |
Total Pages | : 24 |
Release | : 2013-04-14 |
Genre | : Business & Economics |
ISBN | : 9781457844997 |
The Emergency Economic Stabilization Act of 2008 (EESA) authorized the creation of the Troubled Asset Relief Program (TARP) to address the most severe crisis that the financial system had faced in decades. EESA provided GAO with broad oversight authorities for actions taken under TARP and required that they report at least every 60 days on TARP activities and performance. While the Treasury Dept. has addressed most of GAO’s recommendations, some remain outstanding. This 60-day report describes the status of GAO’s Troubled Asset Relief Program (TARP) recommendations to Treasury as of Feb. 2013. It focuses particularly on two major TARP programs: the Capital Purchase Program (CPP), which supports certain U.S. financial institutions, and Making Home Affordable (MHA), which is a collection of housing programs designed to help homeowners avoid foreclosure. Figure. This is a print on demand report.
Reflections on the Troubled Asset Relief Program (TARP)
Author | : |
Publisher | : |
Total Pages | : 226 |
Release | : 2011 |
Genre | : BUSINESS & ECONOMICS |
ISBN | : 9781536115345 |
Troubled Asset Relief Program
Author | : United States Government Accountability Office |
Publisher | : Createspace Independent Publishing Platform |
Total Pages | : 112 |
Release | : 2017-09-07 |
Genre | : |
ISBN | : 9781976187353 |
GAO's eighth report assesses the Troubled Asset Relief Program's (TARP) impact over the last year. Specifically, it addresses (1) the evolution of TARP's strategy and the status of TARP programs as of September 25, 2009; (2) the Department of the Treasury's (Treasury) progress in creating an effective management structure, including hiring for the Office of Financial Stability (OFS), overseeing contractors, and establishing a comprehensive system of internal control; and (3) indicators of TARP's performance that could help Treasury decide whether to extend the program. GAO reviewed relevant documentation and met with officials from OFS, contractors, and financial regulators. While Treasury has been generally responsive to GAO's prior 35 recommendations, GAO reiterates the importance of fully implementing several previous recommendations. GAO also makes three new recommendations. Specifically, the Secretary should (1) coordinate with the Federal Reserve and FDIC to help ensure that the decision to extend or terminate TARP is considered in a broader market context, (2) document and communicate the results of its determination, and (