Page:Emergency Economic Stabilization Act of 2008.djvu/49

 O:kAYOkAYO08C04.ymd 1 2 49 to the same extent as in the case of any other rule of that House. 3 SEC. 116. OVERSIGHT AND AUDITS. 4 (a) COMPTROLLER GENERAL OVERSIGHT.-- 5 (l) SCOPE OF OVERSIGHT. The Comptroller 6 General of the United States shall, upon establish- 7 ment of the troubled assets relief program under 8 this Act (in this section referred to as the "TARP"), 9 commence ongoing oversight of the activities and 10 performance of' the TARP and of' any agents and 11 representatives of' the TARP (as related to the agent 12 or representative's activities on behalf' of' or under 13 the authority of' the TARP), including vehicles es- 14 tablished by the Secretary under this Act. The sub- 15 jeers of' such oversight shall include the following: 16 (A) The per'ormance of the TARP in 17 meeting the purposes of this Act, particularly 18 those involving 19 (i) foreclosure mitigation; 20 (ii) cost reduction; 21 (iii) whether it has provided stability 22 or prevented disruption to the financial 23 markets or the banking system; and 24 (iv) whether it has protected tax- 25 payers.

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