“This First Tranche Report to Congress (First Tranche Report) is the first report under section 105(b) of the Emergency Economic Stabilization Act of 2008 (EESA). This First Tranche Report is in satisfaction of the requirements for reporting at the $50 billion and $100 billion commitment levels, because Treasury has made in one round of funding commitments of approximately $125 billion under EESA. Treasury will submit the next tranche report when commitment levels reach the $150 billion level.”
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