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News Now

Washington
TARP accountability hearing next week
WASHINGTON (9/11/09)--There will be a TARP accountability hearing next week, scheduled by the House Financial Services oversight and investigations subcommittee. The hearing is titled “Utilizing Technology to Improve TARP and Financial Oversight.” According to a release from Chairman Dennis Moore (D-Kan.) of the subcommittee the session will focus on the role of technology in efforts to provide transparency and accountability for programs, such as the U.S. Treasury Department’s TARP – or Troubled Asset Relief Program. The subcommittee will also be taking a look at the use of technology to ensure federal agencies provide strong, coordinated oversight of financial services activity. Witnesses are to be announced at a later date.


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