Someone in the Senate Is Blocking The Nomination Of A Bailout Watchdog
Someone in the Senate has put a secret hold on the nomination of Neil Barofsky to be appointed Inspector General to oversee the $700 billion Troubled Assets Relief Program (TARP).
It is not clear why the lawmaker is holding up the nomination. Mr. Barofsky appears to be eminently qualified for the Inspector General position, and whether you support the bailout or not, all taxpayers have an interest in making sure every dime is spent appropriately and not subjected to waste, fraud or abuse.
Barofsky served in the Southern District of New York as an assistant U.S. attorney and as chief of the branch’s mortgage fraud group, prosecuting predatory lenders, con men borrowers and people defrauding homeowners out of their homes. This experience makes him an excellent candidate as the lead bailout watchdog.


Here’s a database of what Taxpayers for Common Sense has learned so far.
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Tags: bailout watchdog, congress, neil barofsky, secret hold, senate, tarp, troubled assets relief program













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