The Congressional Review Panel, created to oversee the TARP, concluded on January 9, 2009 that, "Although half the money has not yet been received by the banks, hundreds of billions of dollars have been injected into the marketplace with no demonstrable effects on lending."
The Congressional Review Panel, established to monitor the Troubled Asset Relief Program (TARP), determined on January 9, 2009 that, "Although half of the allocated funds have not yet been disbursed to banks, hundreds of billions of dollars have been injected into the market with no evidence of a positive effect on lending."