Items Tagged with 'Neil Barofsky'

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  • Fraud Concerns Take Center Stage in Government Circles

    Neil Barofsky, special inspector general for TARP, is sounding a warning about the potential for fraud within the Treasury's mortgage modification program. Meanwhile, United States Senator Charles E. Schumer, joined by all five NYC district attorneys, introduced legislation Monday calling on the federal government to infuse $100 million into fighting the recent wave of housing scams.
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  • TARP Inspector General to Call for Long-Term Strategy

    The special inspector general for the Troubled Asset Relief Program, Neil Barofsky, is expected to release his first official report late Thursday. Barofsky, whose nomination for the inspector general position was confirmed Dec. 8., was sworn in on Dec. 15 and has since been conducting looking into ways greater transparency and oversight of the TARP program can be achieved.
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  • Geithner Champions TARP Disclosure

    The Senate Finance Committee approved Timothy Giethner's nomination for Treasury secretary Thursday in a 18-5 vote, sending it to to the full Senate for final clearance -- but not without pinging him on a number of hot-button issues, including the transparency of the Troubled Asset Relief Program, which Geithner fervently urged would be implemented under the Obama administration.
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