Oversight of Troubled Asset Relief Program
2009-05-20T21:33:59-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvODE4XC8yODY0ODUtbS5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Treasury Secretary Timothy Geithner testified in a hearing on the oversight of Troubled Asset Relief Program (TARP). He talked about the economic conditions at the beginning of the Obama Administration, placed these conditions in a historical context, and compared them with the current economic situation, emphasizing the new policies that increase the transparency and accountability of governmental stimulus spending. He also talked about the Public Private Investment Program (PPIP), specifically the potential of PPIP to generate $1 trillion in purchasing toxic assets. In his testimony he stated that economic indicators for the financial system showed signs of growth.
Treasury Secretary Timothy Geithner testified in a hearing on the oversight of Troubled Asset Relief Program (TARP). He talked about the eco… read more
Treasury Secretary Timothy Geithner testified in a hearing on the oversight of Troubled Asset Relief Program (TARP). He talked about the economic conditions at the beginning of the Obama Administration, placed these conditions in a historical context, and compared them with the current economic situation, emphasizing the new policies that increase the transparency and accountability of governmental stimulus spending. He also talked about the Public Private Investment Program (PPIP), specifically the potential of PPIP to generate $1 trillion in purchasing toxic assets. In his testimony he stated that economic indicators for the financial system showed signs of growth. close
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