Skip to comments.Treasury concedes independence of bailout watchdog
Posted on 09/03/2009 3:29:15 PM PDT by Nachum
WASHINGTON (AP) - The Treasury Department has decided not to challenge the independence of the government watchdog agency that Congress created to oversee spending of the $700 billion rescue package for the financial sector.
The confrontation between Treasury and the Special Inspector General for the Troubled Asset Relief Program, SIGTARP, had prompted congressional complaints that the Obama administration was seeking to restrain the work of inspector general Neil Barofsky.
This week, Barofsky declared in a letter to lawmakers that Treasury had, in effect, acknowledged that he is not subject to Treasury's supervision.
(Excerpt) Read more at breitbart.com ...
“This week, Barofsky declared in a letter to lawmakers that Treasury had, in effect, acknowledged that he is not subject to Treasury’s supervision.”
Second hand information, and qualified with “in effect.”
Effectively, that is not a concession by the Treasury. And they might have some other angle to continue their corruption.
Still waiting for a Congressional committee to ask competent questions on how much TARP/AIG money went to foreign governments, full and complete listing.
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