Oversight Hearing Regarding Treasury Department Conduct Of TARP

Today, the House Financial Services Committee is holding a hearing to examine oversight concerns regarding the Treasury Department's conduct of the Troubled Asset Relief Program (TARP). This hearing follows the release of two Congressionally mandated oversight reports by the Government Accountability Office (GAO) and the Congressional Oversight Panel for Economic Stabilization on the Treasury Department's implementation of TARP.

Read the reports:

GAO: Additional Actions Needed to Better Ensure Integrity, Accountability, and Transparency

Congressional Oversight Panel: Questions About the $700 Billion Emergency Economic Stabilization Funds>>

Witnesses:

Panel 1

The Honorable Gene Dodaro, Acting Comptroller General of the United States, U.S. Government Accountability Office

The Honorable Neel Kashkari, Interim Assistant Secretary for Financial Stability and Assistant Secretary for International Affairs, U.S. Department of the Treasury

Panel 2

The Honorable Jeb Hensarling (TX-05), Congressional Oversight Panel under the Emergency Economic Stabilization Act

Professor Elizabeth Warren, Leo Gottlieb Professor of Law, Harvard University, and Chair, Congressional Oversight Panel under the Emergency Economic Stabilization Act.

Watch the hearing live via webcast>>