Topic: Troubled Assets Relief Program
WASHINGTON (Reuters) - The Treasury Department received a $972 million repayment from American International Group , funded by proceeds from the sale of AIG'S American Life Insurance Co. subsidiary last November, Treasury said on Tuesday.Treasury said its remaining investment in AIG now ...
WASHINGTON (Reuters) - Some large U.S. banks would have stronger capital bases to better deal with today's market stresses had regulators not relaxed bailout repayment criteria in late 2009, a new government audit showed on Friday.Bank of America Citigroup , Wells Fargo ...
The US Treasury said Thursday it had recovered nearly $900 million during the first six months of the year in taxpayer money used to bail out the banking system during the financial crisis.The Treasury said it had received more than $886 million ...
WASHINGTON (Reuters) - The Senate has confirmed the Treasury Department's top national security officials, the head of its bailout programs and its top spokesperson, easing a backlog of Obama administration nominees delayed by political wrangling.The Senate voted late on Thursday to confirm ...
WASHINGTON (Reuters) - The Obama administration wants to help more struggling Americans stay in their homes by reducing the amount they owe on their troubled mortgages, a top Treasury official said on Saturday."We are very definitely trying to facilitate more principal reductions," ...
WASHINGTON (Reuters) - A Senate panel on Thursday approved Timothy Massad to lead the Obama administration's $700-billion bank bailout program and oversee the government's exit from insurer AIG and General Motors Co.The Senate Banking Committee voted in favor of Massad to serve ...
WASHINGTON (Reuters) - The watchdog for the $700 billion bank bailout program said on Thursday it will remain vigilant in protecting taxpayers especially now congressional supervisors have stopped oversight.In its latest quarterly report, the special inspector general for the Troubled Asset Relief ...
The US budget deficit shot up 15.7 percent in the first six months of fiscal 2011, the Treasury Department said Wednesday as political knives were being sharpened for a new budget battle.The Treasury reported a deficit of $829 billion for the October-March ...
The United States said Wednesday its bank bailouts had earned a profit, 30 months after the Treasury committed hundreds of billions of dollars to rescue financial institutions as the economy plunged into crisis.After enduring deep criticism over the use of taxpayer funds ...
WASHINGTON (Reuters) - A Senate committee will step up oversight of the government's unpopular TARP bank bailout program now it is losing one of its watchdogs, a top senator said on Thursday.The Senate Banking Committee will oversee the $700 billion Troubled Asset ...
Photo Gallery
-
Top 10 Business Stories
FILE - In this July 21, 2010 file photo, witnesses Elizabeth Warren, right ...AP News - -
Geithner Bailout
Congressional Oversight Panel Chair Elizabeth Warren questions Treasury Secretary Timothy Geithner on ...AP News - -
GM GOVT LOANS
Graphic shows the total repayment of TARP funds and government ownership of ...AP News -
From Around the Web
Video Gallery
-
Troubled Assets Relief Program
Sen. Cornyn expresses his opposition to releasing the second half ...2009-01-15 -
Troubled Asset Relief Program (TARP) Funds ...
A Mastercard influenced commercial about the Troubled Asset Relief Program ...2009-01-24 -
Crowley on Troubled Assets Relief Program ...
Congressman Crowley closely examines the language of the Troubled Assets ...2009-02-19
