Troubled Asset Relief Program

Frank’s TARP Makeover Could Include Foreclosure Mitigation 

House Financial Services Committee chairman Barney Frank, D-Mass., on Friday released the outline of a bill that aims to amend the Troubled Asset Relief Program (TARP) by strengthening accountability, closing loopholes, increasing transparency and requiring the Treasury Department to “take significant steps on foreclosure mitigation.” The outline seems to be Frank’s response to mounting TARP criticism; it crossed the wire within moments of the