Financial Crisis Response In Charts"Our economy is stronger today because of the strategy we adopted and the financial reforms now being put in place."
- Tim Massad Read more of this
article Putting Taxpayers in a Stronger Position to Continue Recovering Their Investment in Ally FinancialBy: Tim Massad Read more of this
article TARP Three Year Anniversary ReportOn the third anniversary of the Emergency Economic Stabilization Act of 2008 that created the Troubled Asset Relief Program (TARP), Treasury issued a TARP Three Year Anniversary Report. Read more of this
article Citizens' Report on the Troubled Asset Relief Program FY 2011Office of Financial Stability’s (OFS) Citizen’s Report on the Troubled Asset Relief Program (TARP) for fiscal year 2011. Read more of this
article TARP TrackerUse the TARP tracker to monitor TARP investments disbursed and recovered, by program, and to track the total percent of funds recovered. Read more of this
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FinancialStability.gov is the official government site providing information and data related to the 2008 Emergency Economic Stabilization Act (EESA) & Troubled Asset Relief Program (TARP).
In the fall of 2008, our nation was in the midst of the worst financial crisis since the Great Depression. Our financial system and economy were on the verge of catastrophic collapse. EESA was enacted into law to create TARP, under which the U.S. Department of the Treasury took a variety of actions to stabilize the financial system and prevent a possible second Great Depression.
This site provides important information regarding the various programs implemented under TARP, including those designed to help struggling homeowners avoid foreclosure.
The authority to make new commitments under TARP expired on October 3, 2010. This means no new commitments to invest funds can be made. Treasury is moving quickly to recover the federal government’s investments, in a manner consistent with the duty to promote financial stability and protect taxpayers’ interests. Treasury is also continuing to implement the initiatives to help responsible homeowners avoid foreclosure.