In October 2008, then Sen. Hillary Clinton (D., N.Y.) told a radio station about her reasoning for voting for TARP (Troubled Asset Relief Program). 
Some banks used a federal program intended to increase lending to small businesses to circumvent restrictions placed on them by the federal economic bailout, a congressional hearing Wednesday morning revealed. 
The federal agency that insures bank deposits says it does not have the authority to seize deposits to stabilize failing banks, though finance experts warn that the agency can impose losses on large depositors through other means. 
A House Oversight subcommittee rebuked the Treasury official who oversees executive pay for federally supported companies at a hearing on Tuesday.
The Treasury Department approved large compensation packages for executives at three firms that received bailout funds, the special inspector general for the Troubled Asset Relief Program found in a new report. 
The Treasury Department is keeping billions of taxpayer dollars in America’s most troubled bank to spare President Barack Obama the embarrassment of another failed bailout, according to financial experts. With the housing market weak and his job approval ratings under 50 percent, President Obama unveiled a new housing plan today at an appearance in the important battleground state of Virginia.
