FOR IMMEDIATE RELEASE
December 10, 2010
On Thursday, December 16, the Congressional Oversight Panel will hold a hearing with Treasury Secretary Timothy Geithner in room 538 of the Dirksen Senate Office Building. Congress created the Congressional Oversight Panel to oversee the Troubled Asset Relief Program (TARP), which was originally authorized to spend $700 billion in taxpayer dollars.
WHO: Members of the TARP Congressional Oversight Panel
WHAT: Hearing with Treasury Secretary Timothy Geithner
WHEN: Thursday, December 16, 2010; 10:00 a.m.
WHERE: Room 538, Dirksen Senate Office Building
The hearing is open to press and public and will be webcast on the Panel’s website at cop.senate.gov. Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact the Panel’s staff at 202-224-9925 at least two business days in advance of the hearing date.
The Congressional Oversight Panel was created to oversee the expenditure of the Troubled Asset Relief Program funds authorized by Congress in the Emergency Economic Stabilization Act of 2008 and to provide recommendations on regulatory reform. The Panel members are former Senator Ted Kaufman; J. Mark McWatters; Richard H. Neiman, Superintendent of Banks for the State of New York; Damon Silvers, Policy Director and Special Counsel for the AFL-CIO;and Kenneth Troske, William B. Sturgill Professor of Economics at the University of Kentucky.
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