This Summary Response provides updated information regarding the status of Treasury’s implementation of recommendations in the GAO’s reports issued in December 2008 and January, March, June, July, and October 2009.
Report provides updated information regarding the status of Treasury’s implementation of recommendations in the GAO’s reports issued in December 2008 and January, March, June, July, and October 2009.
Analysis of existing restriction's on GAO's authority to audit the Federal Reserve, and recommendations to protect against release of confidential documents and to prevent undue interference with the Federal Reserve's ongoing policymaking functions if those restrictions are removed.
see also "GAO questions Obama plan to dissolve auto team (Detroit News, 11/2/2009)
This report addresses: steps Chrysler and GM have taken since December 2008 to reorganize; Treasury's oversight of its financial interest in the companies; and considerations for Treasury in monitoring and selling its equity in the companies.
EDITORIAL