The act establishes a Congressional Oversight Panel to review the current state of financial markets, the regulatory system, and the administration of the Troubled Asset Relief Program (TARP) by the Secretary. This report provides Congress with information on the uses, design, and functions of auctions. It reviews some common types of auctions used by the federal government and some of the complexities of auction design that the Secretary will have to deal with in the TARP.


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    Title :

    Auction Basics: Background for Assessing Proposed Treasury Purchases of Mortgage-Backed Securities. CRS Report for Congress


    Contributors:

    Publication date :

    2008


    Size :

    17 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English




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