TARP Recipients Make Donations to Congress

TARP is the $700 Billion program started last fall and continued under the Obama Administration to help with the banking and credit crisis. Companies who have received TARP funds are continuing to give donations to members of Congress.

While a few big firms, such as Wells Fargo and JP Morgan Chase, have curtailed their campaign giving, others are quietly doling out cash to select members of Congress, particularly those who serve on committees that oversee TARP...

House Speaker Nancy Pelosi and House Financial Services chair Rep. Barney Frank both said recently they won't take donations from TARP recipients. But House Democratic fundraisers have quietly passed the word that the party's campaign committee will resume accepting them—but down the road, not right now.