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Most banks repaid TARP funds using capital raised from the issuance of equity. J.P. Morgan, Chase, and 10 more of the nation's largest banks have officially paid back their TARP money.

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Was TARP money paid back?

Yes, the Troubled Asset Relief Program (TARP) funds were largely paid back. The program, initiated during the 2008 financial crisis, allocated $700 billion to stabilize the financial system, and by 2019, the U.S. Treasury reported that most of the funds had been repaid, with taxpayers recovering approximately $441 billion in total. However, some investments did result in losses, particularly in certain auto industry bailouts, but overall, TARP is considered to have generated a profit for taxpayers.


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