01/09/2009 05:12 am ET | Updated May 25, 2011

Bailout's Handling Gets Criticized By Panel

WASHINGTON -- The panel set up to oversee the Treasury Department $700 billion financial-rescue fund is expected to release a report Wednesday highly critical of the government's handling of the bailout, people familiar with the matter said. It will also press the Bush administration to act more aggressively to prevent foreclosures, these people said.

The report isn't expected to contain any new findings but is expected to raise fresh questions about the program at a time when many lawmakers expect the Bush administration to seek access to the second half of the funds.

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