3 Conclusions on TARP 8 Years Later

Eight years ago today, the Emergency Economic Stabilization Act of 2008 became law, putting the Troubled Asset Relief Program (TARP) into effect. Over the months and years that followed, Treasury has managed this unprecedented program to stabilize the economy and strengthen the recovery in ways few thought possible on October 3, 2008. On this eighth anniversary, we are reminded that this program was not only central to avoiding a financial collapse and getting the economy growing again, but that it also returned more money to taxpayers than they invested. To date, a total of $433.7 billion......(read more)

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