Under the Emergency Economic Stabilization Act of 2008, the Special TARP IG must report to Congress on its oversight activities and compile data and information about TARP. This is his initial report, which was due 60 days after he was confirmed. The remaining reports will be issued quarterly. The report says that the long-term success of TARP is not assured, and that its success or failure will depend on whether the Treasury Department will spend the massive investment wisely.