Special Inspector General for TARP (SIGTARP) | Center for Effective Government

The End of TARP to Be Met with Controversy

The Troubled Asset Relief Program (TARP) began with a single, basic idea: prevent imminent economic collapse. With that premise, then-Treasury Secretary Henry Paulson convinced Congress and President Bush to authorize $700 billion of emergency spending to undertake actions to avert such disaster. Now, with economic catastrophe averted but with the nation's economy still struggling, a new report turns policymakers' focus to the end of TARP.

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House Moves to Give More Access for GAO, SIGTARP, and the Public

While the attention of many transparency advocates has been focused on the first round of recipient reporting under the American Recovery and Reinvestment Act (the Recovery Act), the House has been working on two financial transparency measures dealing with the Federal Reserve and use of the Wall Street bailout funds.

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SIGTARP Quarterly Report Highlights Lack of Treasury Action

Oct 22, 2009 by Sam Rosen-Amy

The latest SIGTARP (Special Inspector General for the Troubled Asset Relief Program) Quarterly Report to Congress is out, and as usual, it's full of great information. There isn't anything particularly groundbreaking, there aren't any "Who shot J.R." moments, but it provides plenty of the facts an average person needs to know to start analyzing TARP.

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SIGTARP: Treasury Was Not Significantly Engaged in AIG Oversight

Oct 14, 2009 by Craig Jennings

A.I. who? In a report on the $168 million bonus pay out to employees of federally subsidized insurance giant AIG, Special Inspector General for TARP (SIGTARP) Neil Barofsky writes that Treasury Secretary Timothy Geithner's

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Senate Finally Confirms SIGTARP

Dec 9, 2008 by Craig Jennings

WaPo:

Neil M. Barofsky will become a special inspector general within the Treasury Department to audit and investigate spending by the Troubled Asset Relief Program.

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SIGTARP Hold Lifted

Dec 4, 2008 by Craig Jennings

It appears that the anonymous hold on Neil Barofsky, President Bush's nominee for the Special Inspector General for the Troubled Asset Relief Program has been lifted. The Senate is expect to proceed expeditiously when they return to action next week.

There's no word, however, on the identity of the anonymous holder.

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Oversight Coming to a TARP Near You?

Nov 20, 2008 by Craig Jennings

After $290 billion in TARP funds committed, President Bush and the Senate are just now getting around to installing the TARP Inspector General. Working quickly to confirm Bush's choice for Special Inspector General for TARP (SIGTARP), Neil M.

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