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• 1/27/2009
  Frank Praises Treasury TARP Inspector General
  Washington, DC - House Financial Services Committee Chairman Barney Frank (D-MA) sent a letter today to the TARP Special Inspector General praising him for his work in providing greater transparency for the TARP Program.  Frank’s letter, the text of which is below, is in response to a letter from Inspector General Barofsky, where the IG stated, “Specifically, we [Treasury Special Inspector General] will be sending a request to all entities that have received TARP money to date asking them to account for their use of the TARP funds and to describe their efforts to comply with applicable executive compensation restrictions.” Read full story.

• 1/22/2009
  Frank Announces Financial Services Committee Democratic Membership for the 111th Congress
  Washington, DC - House Financial Services Committee Chairman Barney Frank (D-MA), today announced the committee's six subcommittee chairs.  These recommendations will next be forwarded to the Democratic Caucus for final approval.  Read full story.

• 1/9/2009
  Frank Introduces TARP Reform and Accountability Legislation
  Washington, DC - House Financial Services Committee Chairman Barney Frank (D-MA) today introduced H.R. 384, the TARP Reform and Accountability Act to amend the Troubled Assets Relief Program (TARP) provisions of the Emergency Economic Stabilization Act of 2008 (EESA). The legislation will strengthen accountability, close loopholes, increase transparency, and require Treasury to take significant steps on foreclosure mitigation.  Read full story.

• 1/12/2009
  Frank Statement on TARP Funds
  Washington, DC - House Financial Services Committee Chairman Barney Frank (D-MA) today released the following statement in light of reports that President-elect Obama will ask President Bush to request the second $350 billion of TARP funds: Read full story.

• 1/9/2009
  Frank Statement on Job Numbers
  Washington, DC - House Financial Services Committee Chairman Barney Frank (D-MA) released the following statement regarding today’s job: Read full story.