Yesterday, 28 House lawmakers (21 Democrat and 7 Republican) sent a letter to Treasury Secretary Timothy Geithner urging the Treasury Department not to renew the Troubled Asset Relief Program (TARP), slated to expire on December 31, 2009, stating that among other things, they are "deeply troubled by the lack of oversight of $700 billion in taxpayer dollars" and "believe that no more funds should be used for bank bailouts." The letter comes several days after 39 Republican Senators sent a similar request to Secretary Geithner, and two weeks after Secretary Geithner testified before the Congressional Oversight Panel that "no decision" has been made about whether Treasury will request a two year extension of TARP as provided under the Emergency Economic Stabilization Act, such statements reiterated by Assistant Secretary Allison at a Senate Banking Committee hearing yesterday.