Enacted under s. 125

732 North Capitol St., NW, Rooms C-320 and C-617, Mailstop: COP
Washington, DC 20401

The COP produces a monthly report in addition to producing a special report on regulatory reform (HL).  The Panel reviews the program’s administration, purchases’ impact on markets and insitutions, transparency and effectiveness.  It has the power to retain outside experts and consulatants to aid in reporting.
The COP may take formal testimony and evidence.

Reports:  Monthly s. 125(b)(1)(B)
Special regulatory reform (once) s. 125(a)(2)



The Third Report: Valuing Treasury’s Acquisitions

Duff & Phelps’ analysis of purchases

Legal Analysis of the Investments by the U.S. Department of the Treasury in Financial Institutions under the Troubled Asset Relief Program (Released 2/06/09 dated 1/28/09)

Special Report on Regulatory Reform

Special Congressional Hearing on Regulatory Reform: video
Prepared Testimony:

  • Gene L. Dodaro, “A Framework for Crafting and Assessing Proposals to Modernize the Outdated U.S. Financial Regulatory System,” Acting Comptroller General of the United States, Government Accountability Office
  • Sarah Bloom Raskin, Commissioner of the Maryland Office of Financial Regulation
  • Robert Shiller, Economist at Yale University
  • Joel Seligman, President of the University of Rochester
  • Joseph E. Stiglitz, Ph.D., Nobel Laureate and University Professor at Columbia Business School
  • Marc Sumerlin, Managing Director and Co-Founder at the Lindsey Group
  • Peter J. Wallison, Fellow at the American Enterprise Institute

The Second Report: Accountability for the Troubled Asset Relief Program

  • Elizabeth Warren’s Overview: video

Clark County, NV: Ground Zero of the Housing and Financial Crises
Overview and Witness List
Video of hearing

The First Report: Questions About the $700 Billion Emergency Economic Stabilization Funds