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The Recovery Accountability and Transparency Board

Power and Functions

The Recovery Board was granted specific powers and functions under the Recovery Act.

  • Audit and review Recovery spending on its own or in collaboration with federal Inspectors General
  • Issue subpoenas to carry out audit and review responsibilities
  • Refer instances of fraud, waste, and mismanagement to federal Inspectors General
  • Hold public hearings and compel testimony through subpoenas
  • Enter into contracts with public agencies and private entities
  • Review whether there are sufficient and qualified personnel overseeing Recovery Act funds
  • Submit quarterly and annual reports to the President and Congress, as well as "flash reports" on potential problems that require immediate attention
  • Make recommendations to federal agencies on measures to prevent fraud, waste, and mismanagement of Recovery Act funds