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The Emergency Economic Stabilization Act created the Troubled Asset Relief Program to administer up to $700 billion. Several oversight mechanisms are established by the bill, including the Congressional Oversight Panel, the Special Inspector General for TARP (SIGTARP), the Financial Stability Oversight Board, and additional requirements for the Government Accountability Office (GAO) and the ...
The Pandemic Response Accountability Committee (PRAC) is an independent oversight committee within the Council of the Inspectors General on Integrity and Efficiency, created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 to ensure that the $2.2 trillion of the CARES act, plus 5 other pandemic-related pieces of legislation totaling over $5 trillion in government funds ...
The Special Inspector General for Pandemic Recovery (SIGPR) is an Inspector General position created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 to oversee spending of government funds in response to the COVID-19 pandemic in the United States. The position was included at the insistence of congressional Democrats. [1]
The newly agreed to American Relief Act of 2024 will keep the Government open, fund our Great Farmers and others, and provide relief for those severely impacted by the devastating hurricanes.” ...
The funding package, which includes $40 billion for FEMA's disaster relief fund and more than $2 billion for the depleted Small Business Administration loan program, would be delivered to Congress ...
The S&P 500 just logged its best week since the November election as a cooler-than-expected inflation reading eased concerns that the Federal Reserve may rule out interest rate cuts for all of 2025.
The Resolution Trust Corporation was established in 1989 by the Financial Institutions Reform Recovery and Enforcement Act (FIRREA), and it was overhauled in 1991. [3] In addition to privatizing, and maximizing the recovery from the disposition of, the assets of failed S&Ls, FIRREA also included three specific goals designed to channel the resources of the RTC toward particular societal groups.
Of the communities identified most at risk of natural disaster under the federal Community Disaster Resilience Zones program, 41.9% were rural, according to a 2023 Urban Institute analysis.