The Recovery Accountability and Transparency Board is a non-partisan, non-political agency originally created by the American Recovery and Reinvestment Act of 2009 (ARRA) with two goals:
- To provide transparency of ARRA-related funds
- To detect and prevent fraud, waste, and mismanagement of those funds
Under the Consolidated Appropriations Act of 2012, the Board's authority was expanded to include oversight of all federal funding. And, under the Disaster Appropriations Act of 2013, the Board was mandated by Congress to use its resources to provide oversight of Hurricane Sandy funding.
Kathleen S. TIghe was appointed Chair of the Board by President Obama in December 2011, replacing Earl E. Devaney who retired. Eleven Inspectors General from various federal agencies serve with her. The Board is due to sunset on September 30, 2015.
Board Members -- Read the bios of each member.
Power and Functions -- Learn the specific functions required of the Board.
Bylaws -- Review details about how the Board is to operate.
Guidelines -- Read the roles of the members.
Reports -- Access Annual/Quarterly Reports, Financial Reports, and other publications.