Treasury purchased investments in banks, other financial institutions, and the American auto industry through the Troubled Asset Relief Program (TARP). To date, more than three-quarters of the funds disbursed through TARP’s investment programs have been recovered through repayments, dividends, interest, and other income.
Treasury also committed TARP funds for targeted aid to help responsible homeowners avoid foreclosure. Unlike funds committed through TARP’s investment programs, this foreclosure prevention aid was not intended to be recovered.
For a detailed listing of taxpayer dollars recovered and disbursed by TARP program, please visit our most recent Daily TARP Update Report.
For a detailed listing of all TARP transactions since the inception of the program, please visit our most recent TARP Transactions Report.
Note: The Dodd-Frank Wall Street Reform and Consumer Protection Act reduced the maximum authorization for the Troubled Asset Relief Program (TARP) from $700 billion to $475 billion.