March 31st, 2009
03:20 PM ET
6 years ago

Treasury Department unveils FinancialStability.gov

The Treasury Department launched an interactive new Web site Tuesday in an effort to bring about accountability and transparency to the Obama administration's Financial Stability Plan.
The Treasury Department launched an interactive new Web site Tuesday in an effort to bring about accountability and transparency to the Obama administration's Financial Stability Plan.

(CNN) – The Treasury Department launched an interactive new Web site Tuesday in an effort to bring about accountability and transparency to the Obama administration's Financial Stability Plan.

FinancialStability.gov, announced last month by Treasury Secretary Tim Geithner, is designed to track how tax dollars are spent in relation to the administration's financial stability, housing, and economic recovery programs. The "impact" page displays hard facts, hosting a map indicating locations where the department has funded transactions through the Capital Purchase Program. Clicking on a state provides a breakdown of when the transactions took place and the price paid for the assets.

According to the map, banks in Montana, Vermont, and New Mexico have received $0, while the remaining 48 states received investments "ranging from as small as about $301,000 to as large as $25 billion." Not surprisingly, New York received the most funding with over 80 billion.

Economic data charts, published lists of bank lending surveys designed to better track bank lending, and a search option which will display all physical contracts and agreements related to the financial stability plan are also featured.

And in an effort to enhance its user-friendly appeal, FinancialStability.gov includes a "decoder" section which defines common financial terms used throughout the site.


Filed under: Tim Geithner • Treasury Department
soundoff (68 Responses)
  1. Enlightened Voter

    No More Incumbents – judging by those 'people' at the mccain/palin rallies I suggest Jane GA be a republican. No offense, but there were nothing but illiterate, high haired, snaggle tooth, religious fanatical racist bumbkins at those rallies. You'd obviously fit right in too.

    March 31, 2009 04:58 pm at 4:58 pm |
  2. Maggie from Virginia

    When will the GOP provide details (at least numbers) on their alternative budget?

    March 31, 2009 04:58 pm at 4:58 pm |
  3. Brian Crooks

    You know, for a paltry little teeny, tiny, teeeeeeny, tiiiiiiiny little minority, the 33% of people who disagree with President Obama are awfully well represented on these blogs. When I read the crazy far right rantings, I take comfort in the fact that these people are ONLY 33% OF THE COUNTRY! PHEW! Thankfully, the other 66% aren't blindly driven by repressed feelings of loneliness because the cool kids didn't invite us to their makeout parties in the 9th grade.

    March 31, 2009 05:00 pm at 5:00 pm |
  4. Sam Sixpack

    Why doesn't FinancialStability.gov tell us the we are borrowing the money from China?

    In fact, only three documents on the site make any reference to China: (1) one refernce to China lending money to Latin America, (2) 12 references in GM's bailout report (written by GM) describing what China will do once GM goes under and (3) Timothy F. Geithner's resume reports he used to live in China.

    March 31, 2009 05:01 pm at 5:01 pm |
  5. avg.joe

    Enlightened Voter,

    So what Big O is going to make Bush's debt look like pennies.
    But what idiots voeted for it.
    Yeah Bush really had time to prepare for 911.
    The ignorate one's are the people that get their news from only one source I have favorites on all networks even the communistic ones...

    March 31, 2009 05:04 pm at 5:04 pm |
  6. Dawn

    Kevin in Ohio, you should be partners with Joe the not Plumber. President Obama has done in what two months than Bush did in eight years. If your pea brain can think, go on the sight and the Recovery.Gov. and see what roads are being repaired or are you satisfied driving down the road and miss one pot hole and hit another.

    March 31, 2009 05:06 pm at 5:06 pm |
  7. avg.joe

    Enlightened Voter,

    Why does your Bud only know how to read a teleprompter. He is going to look really stupid meeting other diplomats with that thing in his face. Doesn't he have any inteligent thaughts that don't have to be spelled out for him?

    March 31, 2009 05:10 pm at 5:10 pm |
  8. Enlightened Voter

    avg.joe – once again you need facts. Here they go FACT: President Obama inherited bush's debt, so President Obama's budget incorporates bush's enormous debt plus his own spending. FACT: bush's money was spent in IRAQ, President Obama's money is spent in America. I do get my news from all sources that is why I can be honest and objective. You ought to try it sometime instead of just spewing your rabid hate for anything liberal.

    March 31, 2009 05:13 pm at 5:13 pm |
  9. Brian Crooks

    March 31st, 2009 5:10 pm ET

    Enlightened Voter,

    Why does your Bud only know how to read a teleprompter. He is going to look really stupid meeting other diplomats with that thing in his face. Doesn't he have any inteligent thaughts that don't have to be spelled out for him?
    ==========================
    Is that why he completely destroyed McCain in THREE consecutive debates where there was no teleprompter? Or how about the countless town halls he has done with no teleprompter? Or how about that ringing speech Sarah Palin gave at the RNC...what's that? Oh she had to use a TELEPROMPTER for that speech? Well my stars, I thought she did that on the spot!!

    March 31, 2009 05:19 pm at 5:19 pm |
  10. avg.joe

    Enlightened Voter,

    Big O did not inherit anything the dems didn't vote for the last two years. If they were all wise and knowing why didn't they stop it when they had the chance. OOOOOh thats right Obam didn't vote he was just present.

    March 31, 2009 05:20 pm at 5:20 pm |
  11. Mississippi Mike

    What they are doing in the name of "Financial Stability" is throwing good money after bad money in: irresponsible homeowners, financial institutions burdened with bad debt, and the same automakers we have been bailing out since the seventies. Not only are we wasting money, we are taking out loans to do it. There is no way that taxes won't go up on everyone to pay these loans off, there's no other way to do it. As taxes go up the economy gets worse and more loans will be taken out by Obama to prop up more failing companies.

    What you are seeing is the blatant destruction of capitalism in favor of socialism. Hope you like waiting in line for bread and not having natural gas in the winter because that is exactly where we are heading.

    March 31, 2009 05:22 pm at 5:22 pm |
  12. avg.joe

    Brian Crooks,

    The debates were repedative... he didn't destroy McCain, he just got alot of idiots to follow his stupid lead and he is continuing to do so until there will be nothing left.

    March 31, 2009 05:45 pm at 5:45 pm |
  13. Sniffit

    I've said it before and I'll say it again: the most transparent thing in DC is the GOP's political gameplaying.

    Obama's administration might come in a close second with his websites, etc., but nothing beats some good old fashioned fabrication and incessantly repeated talking points.

    March 31, 2009 05:45 pm at 5:45 pm |
  14. JJ12345

    Enlightened Voter March 31st, 2009 4:53 pm ET

    avg.joe – FACT: bush racked up the national debt more than any president preceding him. FACT:the AIG bailout was written by bush and paulson. FACT: bush didn't stop 911 which happened on HIS watch. FACT: you are delusional bud, get a grip, stop listening to rush and faux news and get the FACTS. YOu really sound ignorant but then you are a typical rethuglican.
    _____________________________________________________
    FACT....Obama is going to triple the debt

    March 31, 2009 05:46 pm at 5:46 pm |
  15. JJ12345

    I would like to see how its ok for GM to go through a bankruptcy now, where before according to the dems they were too big to fail. No one would buy a car from a bankrupt auto maker! Now its ok since Obama said it.

    March 31, 2009 05:48 pm at 5:48 pm |
  16. JJ12345

    Mari March 31st, 2009 3:58 pm ET

    Considering the secrecy of the Bush administration, this is refreshing. Of course, what can we expect from the far-right but more criticizing? Typical.

    No new ideas. No new solutions, just more of the same vile.

    Does anyone else notice how the far-right spews the same "talking points" over and over?

    Again nothing new!
    _____________________________________________________
    Wow you can substitute far-right with far left and it works when any republician is president. All these politicians are full of it, including Bush, Obama, and all of Congress.

    March 31, 2009 05:50 pm at 5:50 pm |
  17. burgerking

    I love obama and hes website, they are so funny – he will seriously have as many websites out as he does bailouts one day and they are all just ploys to make you THINK there is transparency. Kinda like the bailout website that has billions of dollars in the "Other" category. Idiots...

    March 31, 2009 05:51 pm at 5:51 pm |
  18. avg.joe

    In case you can't read fast enough! Government bailouts need to stop. If the Government is going to continue bailing out these big corporations that have already made billions from the American People, the small businesses will not be able to compete. If the government would just let the Giants fall the small businesses would pick up the pieces and grow. The individuals that lose their jobs in the big companies would find jobs at the small businesses that would be growing.

    March 31, 2009 06:21 pm at 6:21 pm |
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