White House considers fee to recoup losses from TARP

Although most of the major banks that received money through the Troubled Asset Relief Program have repaid the government, the White House is considering a fee to recoup the cost of the program. While few details about the fee are available, officials said the administration is attempting to structure it so banks cannot pass the cost along to customers. Officials acknowledged that doing so will be difficult. "In our industry, costs are typically passed along to institutions and individual investors, so the burden will likely fall on them," said Timothy Ryan, president and CEO of SIFMA.

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