The Treasury has committed itself to a policy of openness in the funds it lends as part of the bailout, but concern is prevalent about the lack of openness around the Federal Reserve's lending. Is the Fed open enough? If not, what needs to change? If so, why should the Fed not become more open?
Here are the thoughts from this week's experts:
Dean Baker, CEPR
Why Does the Fed Operate in the Dark? »
Anthony Gregory, Campaign for Liberty
Seeing Through the Federal Reserve »
Updated transaction report under the CPP.
Report on dividens and interest paid under the CPP.
Updated transaction report under the CPP
New report provides an overview of the warrants received by Treasury under the Capital Purchase Program (CPP) of the Troubled Asset Relief Program (TARP) and an explanation of the warrant disposition process and the results achieved on behalf of taxpayers.
Bailout Watch is the cooperative project of six core organizations: Center for Economic and Policy Research, Economic Policy Institute, OMB Watch, OpenTheGovernment.org, Project on Government Oversight (POGO), Taxpayers for Common Sense. The site is now maintained by OMB Watch as a repository for major reports on TARP and the economic bailout.
With additional support and participation by: Americans for Tax Reform, Association of Community Organizations for Reform Now (ACORN), Center for American Progress, Center for Community Change, Center for Responsible Lending, Columbia Journalism Review, Committee for a Responsible Federal Budget, Common Cause, Consumer Federation of America, Consumers Union, Fund for Constitutional Government, Good Jobs First, Institute for Policy Studies, Jobs with Justice, National Community Reinvestment Coalition, National Taxpayers Union, ProPublica, Public Citizen, Sunlight Foundation, US PIRG
Materials from this site are contributed by participating organizations and may be protected by copyright or any other intellectual property right.
