TARP Reform and Accountability Act of 2009
Sponsor: BARNEY FRANK (D-MA)
TARP Reform and Accountability Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to direct the Secretary of the Treasury to require specified depository institutions under the Troubled Asset Relief Program (TARP) to report periodically on their use of TARP assistance. Requires the Secretary to incorporate within the TARP assistance agreement how the funds are to be used and the benchmarks an institution must meet in using such funds. Requires federal banking regulatory agencies to examine annually the use of TARP funds made by the deposit institutions.
Finance and Financial Sector Topic assigned by the Congressional Research Service.
Who won, and how much of the country was behind them
The dotted gap is 2.8% of U.S. adults whose member did not vote, voted “present,” or whose seat was vacant.
| Side | Outcome | Votes | Share of U.S. adults |
|---|---|---|---|
| Yea | Won | 423 | 97.2% |
| Nay | Lost | 0 | 0.0% |
| Not represented on this question | No position taken | 0 | 2.8% |