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Treasury Fact Sheet: Financial Crisis Responsibility Fee

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News release: “Today, the President announced his intention to propose a Financial Crisis Responsibility Fee that would require the largest and most highly levered Wall Street firms to pay back taxpayers for the extraordinary assistance provided so that the TARP program does not add to the deficit.

  • “The fee the President is proposing would: Require the Financial Sector to Pay Back For the Extraordinary Benefits Received; Responsibility Fee Would Remain in Place for 10 Years or Longer if Necessary to Fully Pay Back TARP; Raise Up to $117 Billion to Repay Projected Cost of TARP; Apply to the Largest and Most Highly Levered Firms…”
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