Congressional Oversight Panel

The Congressional Oversight Panel was established in 2008 to monitor the U.S. government's financial rescue efforts following the economic crisis. It was part of the Troubled Asset Relief Program (TARP), aimed at stabilizing financial institutions. The Panel's role was to review and report on how effectively taxpayer money was used, ensuring accountability and transparency in government actions. It provided Congress with independent assessments of the programs' impacts, helping to inform policy decisions and protect public interests. Although the Panel's mandate ended in 2015, its work highlighted the importance of oversight in managing public resources.