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, tasked with overseeing the TARP, concluded on January 9, 2009 that, "Despite having disbursed half the funds to banks, the program has had no discernible impact on lending activity."