Brownback Lends Support To TARP Disclosure Bill

Law360, New York (June 11, 2009, 12:00 AM EDT) -- Having lost a fight against the creation of the $700 billion Troubled Asset Relief Program in 2008, Sen. Sam Brownback, R-Kan., has joined senators from both parties in a bid to require disclosure of financial transactions made under the massive bank bailout.

Brownback announced the move on Wednesday. The bill's chief sponsor, Sen. Mark Warner, D-Va., introduced the legislation April 28, and it has since been referred to the Senate Committee on Banking, Housing and Urban Affairs.

“I voted against the original TARP legislation partly because...
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