Tuesday
Jun222010
Geithner Defends TARP
Treasury Secretary Tim Geithner tells the Congressional Oversight Committee on Tuesday that he is "on track" to shut down the Troubled Asset Relief Program (TARP) as scheduled, and defends the program's actions, saying that the program will be returning hundreds of billions of dollars of unused money to Congress. Geithner maintains that enacting the program was necessary, and it was successful in terms of fulfilling its core responsibilities. (0:38)
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