Ten to repay Tarp but COP wants more stress tests

The US Treasury on Wednesday said it will allow ten banks to repay government funds after stress tests showed that they held enough capital to see out the crisis.

News of the repayments of Troubled Asset Relief Program (Tarp) funds came as the Congressional Oversight Panel, set up by lawmakers to monitor Tarp, queried the severity and transparency of the stress tests and called for a repeat of the exercise under some conditions.

The Treasury said that ten institutions had "met the requirements

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