April 08, 2020

Mr. Barofsky told The Washington Post that, when he was special inspector general of TARP during the last economic recession, it was crucial for him to be able to notify Congress when an executive branch agency refused to cooperate with a request for information.  Such a notification — or more often, the threat of one — was the one real tool he had to force Treasury Department officials or others to produce information they were reluctant to divulge.  “If they have no recourse … that could be very problematic,” he said.