TARP has been subjected to unprecedented oversight since its inception. The Emergency Economic Stabilization Act of 2008 (EESA) gave oversight authority to four separate entities: the Financial Stability Oversight Board (FinSOB); the Government Accountability Office (GAO); the Special Inspector General for TARP (SIGTARP); and the Congressional Oversight Panel (COP), which ceased operations on April 3, 2011, as required by EESA.

Treasury prepares financial statements for TARP, which are audited by the GAO on an annual basis. Since its inception, TARP's financial statements received unqualified (clean) audit opinions and clean separate reports on internal control over financial reporting, and there were no material weaknesses reported in any of the opinions or reports—unprecedented achievements for a start-up operation of this scale. As a result of these efforts, the Office of Financial Stability received two consecutive Certificates of Excellence in Accountability Reporting (CEAR) from the Association of Government Accountants.

These financial statements along with extensive information about the programs can be reviewed in the Reports section. In addition, Treasury regularly provides comprehensive information to the public to help American taxpayers better understand the status of our programs. These reports are all included in the reports section.

Finally, Treasury posts on this website every TARP investment agreement and contract, all program guidelines and application materials, procurement contracts, and other materials pertaining to TARP programs.

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Responses to Oversight Reports that were not Published in the Reporting Process 

• UST Response to Recommendations in SIGTARP’s July 2, 2019 Report on HHF Blight Demolition in South Carolina and SIGTARP’s August 13, 2019 Letter on HHF Mortgage Payment Assistance

• UST Response to SIGTARP’s July 2, 2019 Report on HHF Blight Demolition in South Carolina

• UST Response to SIGTARP’s March 8, 2018 Interim Audit Report Regarding Procurement Practices in HHF (September 13, 2018)

• UST Response to SIGTARP’s November 1, 2017 Evaluation Report Regarding Blight Elimination Activities in Flint, Michigan (July 6, 2018)

• UST Response to SIGTARP_HHF Admin (April 6, 2018)​

• UST Response to SIGTARP’s October 13, 2017 Audit Report Regarding Hardest Hit Fund Georgia (February 23, 2018).pdf

• UST Response to SIGTARP's July 2017 Quarterly Report (July 27, 2017)

• UST Response to SIGTARP's April 2017 Quarterly Report (April 26, 2017)

• UST Response to SIGTARP's January 11, 2017 Audit Report Regarding TARP's Investment in American Workers (April 19, 2017)

• UST Response to SIGTARP's June 16, 2016 Audit Report Regarding Blight Elimination under HHF (January 19, 2017)

• UST Response to SIGTARP's September 9, 2016 Audit Report Regarding Hardest Hit Fund Nevada (January, 19, 2017)

• UST Response to SIGTARP's October 2016 Quarterly Report (October 26, 2016)

• UST Response to SIGTARP's July 2016 Quarterly Report (July 27, 2016)

• UST Response to SIGTARP's April 2016 Quarterly Report (April 28, 2016)

• UST Response to SIGTARP's December 14, 2015 Letter Regarding Indiana's Blight Elimination Under HHF (April 1, 2016)

• UST Response to SIGTARP's Request for an Update on HHF Recommendation Implementation (April 1, 2016)

• UST Response to SIGTARP's October 2015 Quarterly Report (October 28, 2015) 

• UST Response to SIGTARP's July 2015 Quarterly Report (July 29, 2015)

• UST's Response to SIGTARP's May 19, 2015 Letter Regarding Florida's Down Payment Assistance Program Under HHF (June 17, 2015)

• UST Response to SIGTARP's May 1, 2015 recommendation letter on reaching borrowers in states with lower HAMP participation (June 2, 2015)

• UST Response to SIGTARP Report on Blight Elimination (April 20, 2015) 

• Letter to SIGTARP re Servicing Transfer Recommendations (April 15, 2015)

• UST Response to SIGTARP's January 2015 Quarterly Report (January 29, 2015) 

• UST Response to SIGTARP's September 10, 2014 letter on the HAMP application process (January 7, 2015)

• UST Response to SIGTARP's August 8, 2014 letter on the MHA Outreach and Borrower Intake Project (Neighborworks) (Oct. 15, 2014)

• UST Response to SIGTARP's September 2, 2014 interim letter on UST's Use of Funds Survey (Aug. 27, 2014)

• UST Response to SIGTARP's April 10, 2014 letter on HAMP Fraud Alerts (May 9, 2014)

• UST Response to SIGTARP's April 7, 2014 letter on HAMP Incentives (April 30, 2014)

• UST Response to SIGTARP's September 30, 2013 Letter on CPP and CDCI_appointments of board observers and directors (Oct. 28, 2013)

• Status Update for SIGTARP's October 2013 Quarterly Report (Oct. 10, 2013) 

• UST Response to SIGTARP's September 3, 2013 Letter on HAMP re-default (Oct. 13, 2013) 

• UST Response to SIGTARP's August 20, 2013 Letter on SBLF Accounting (Oct. 10, 2013) 

• UST Response to SIGTARP's July 2013 Quarterly Report  (Oct. 10, 2013) 

• Status Update fon OSM-related Recommendations for SIGTARP's October 2013 Quarterly Report

• Treasury Response to SIGTARP April 2013 Quarterly Report (July 5, 2013)

• Response to SIGTARP April 2013 Quarterly Report Attachment A

• Response to SIGTARP April 2013 Quarterly Report Attachment B

• Status Update on OSM Recommendations from the April 2013 SIGTARP Quarterly Report (July 5, 2013)

• Treasury Response to SIGTARP on HAMP Re-Default Recommendations (July 5, 2013)

• Treasury Response to January 2013 Quarterly Report  (April 4, 2013)

• Office of the Special Master Update on Open Recommendations (April 4, 2013)

• Treasury Response to SIGTARP January 2013 Quarterly Report Section 3 (January 15, 2013)

• Treasury Response to SIGTARP October 2012 Quarterly Report (January 15, 2013)

• Status Update to Open SIGTARP Recommendations from the October 2012 Quarterly Report (January 7, 2013)

• Status Update to Open SIGTARP Recommendations from the October 2012 Quarterly Report (January 3, 2013)

• Treasury Response to SIGTARP LIBOR Recommendation (October 9, 2012) 

• Treasury Response to SIGTARP AIG Recommendation (October 4, 2012)

• Treasury Response to Open Recommendations from July 2012 Quarterly Report (October 4, 2012)

• Treasury Response to April 2012 SIGTARP Quarterly Report (July 10, 2012)

• Status Update on Recommendations from the July 2012 SIGTARP Quarterly Report (October 4, 2012)

• Treasury Response to April 2012 Quarterly Report - Attachment to Treasury response to July Quarterly Report (October 4, 2012)