Washington — House Financial Services Committee Chairman Barney Frank (D-Mass.) has introduced legislation intended to strengthen accountability and increase transparency to the Troubled Assets Relief Program (TARP) of the Emergency Economic Stabilization Act of 2008.
Specifically, H.R. 384, the TARP Reform and Accountability Act, would require any existing or future institution that receives funding under TARP to provide no less than quarterly public reporting on its use of the funding.
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