Oversight Panel Wants Better Answers From Treasury

Line after line of the column marked "Treasury Response" says simply, "No response."

The panel repeatedly states its reluctance to take Treasury's reassurances at face value.

"Treasury may be 'confident' that it is 'pursuing the right strategy to stabilize the financial system and support the flow of credit to our economy,' but once again, the function of oversight is to evaluate that claim," the report reads. "The question remains unanswered."

The panel's next official action will be a public hearing here on Jan. 14.

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