WASHINGTON, D.C. - Congressional Oversight Panel Chair Elizabeth Warren released the following statement thanking former Securities and Exchange Commissioner Paul S. Atkins for his service and welcoming Professor Kenneth Troske to the Panel:

"Paul has provided unique insights and a keen understanding of the financial markets to the Panel's work to bring accountability to the Troubled Asset Relief Program. I am very grateful for his service to the American people and wish him the best.

"It is a pleasure to welcome Kenneth Troske to the Panel, and I look forward to serving with him in the months ahead. As a scholar and economist, Professor Troske will bring an invaluable perspective to the Panel's ongoing oversight efforts."

The Congressional Oversight Panel was created to oversee the expenditure of the Troubled Asset Relief Program (TARP) funds authorized by Congress in the Emergency Economic Stabilization Act of 2008 (EESA) and to provide recommendations on regulatory reform. The Panel members are: J. Mark McWatters; Richard H. Neiman, Superintendent of Banks for the State of New York; Damon Silvers, Policy Director and Special Counsel for the AFL-CIO; Kenneth Troske, William B. Sturgill Professor of Economics at the University of Kentucky; and Elizabeth Warren, Leo Gottlieb Professor of Law at Harvard Law School.