The U.S. financial system is much stronger today and is in a much stronger position to support economic recovery because of TARP. Learn more about financial crisis that led to the passage of the Emergency Economic Stabilization Act of 2008 (EESA), and the establishment of the TARP.
Many people think that the $700 billion that Congress authorized for TARP was given to the nation’s banks and won’t be returned, but that’s not correct. Learn more about the investments that Treasury made under TARP and how Treasury is recovering almost all the funds for the American taxpayer.
TARP has been an incredibly successful program, but there are still many myths about its cost and impact. Learn the facts here.