OpenCongress Blog

Blog Feed Comments Feed More RSS Feeds

Bill Seeks a Fair Return on the Taxpayer-Funded Bank Bailout

July 21, 2009 - by Donny Shaw

The Treasury Department has been selling taxpayers' bank warrants back to bailed out banks at a secretly-negotiated discount rate. The newly introduced PROFIT Act of 2009 would require the Treasury to sell the warrant in an open auction so that the public gets a fair return on the money they put up to rescue the banks.

Read Full Article Comments (2)
Bail Out Government Spending TARP
 

Get Blog Updates by Email

Delivered by FeedBurner

Demand Question Time!



Find us at

Want a simple way to stay on top of what's happening in Congress?

Subscribe to this blog!

Send Us a Tip

You can submit a tip anonymously, or attributed to your own name and e-mail, whichever you prefer. Read more about submitting a tip.

Submit a tip




Recent Posts

Archives

See All Archives

Blogroll


See our Twitter List

Congress Watchers

OpenCongress is a free and open-source project of the Participatory Politics Foundation, a 501(c)3 non-profit organization with a mission to increase civic engagement. The non-profit Sunlight Foundation is the Founding and Primary Supporter of OpenCongress.