Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
TARP oversight witness list released
WASHINGTON (12/10/08)—The House Financial Services Committee Tuesday announced the names of the four witnesses slated to testify today as the panel continues its study of how the U.S. Treasury Department has conducted its Troubled Assets Relief Program (TARP) program to date. Rep. Barney Frank (D-Mass.), who heads the committee, has criticized the Treasury for what he termed its “blatant refusal to enforce any lending obligations on individual institutions.” He has said the department’s “continued policy of ignoring the clear intent” of the of the Emergency Economic Stabilization Act (EESA), which authorized the creation of TARP, to “aid in the reduction of foreclosures” puts the Treasury “perilously close to a breach faith with those who responded to the Bush Administration's request to establish the program.” Scheduled to testify:
* Acting Comptroller General of the United States Gene Dodaro, U.S. Government Accountability Office; * Interim Assistant Secretary for Financial Stability and Assistant Secretary for International Affairs Neel Kashkari, Treasury; * Rep. Jeb Hensarling (R-Tex.), Congressional Oversight Panel under the EESA; and * Prof. Elizabeth Warren, Leo Gottlieb Professor of Law, Harvard University, and chair of the Congressional Oversight Panel.


RSS





print
News Now LiveWire
.@CUNA has posted free, recorded version of its 60-minute Jan. 26 #RBC2 webinar online. http://t.co/jiVPASGQ4C
35 minutes ago
April 27 is comment deadline on @TheNCUA's #RBC2 proposal. See @FederalRegister http://t.co/8MkQNTc2rh
37 minutes ago
Delaware #CU growth noted in @DeBusinessTimes http://t.co/b11eaQo4CT
1 hour ago
Data security legislation among FTC recommendations #NewsNow http://t.co/2pS3Te1RPS
3 hours ago
.@CUNA has written to @RepBlainePress and @BradSherman to express support for a privacy notice bill expected to be introduced today.
3 hours ago