WASHINGTON — Rep. Jeb Hensarling, a top Republican on the House Financial Services Committee, said Congress has only itself to blame for misgivings over how the first $350 billion of bailout money has been spent.

The Texas Republican, one of five members of a congressionally appointed panel overseeing the Troubled Asset Relief Program, said lawmakers should agree on objectives and enhance accountability before they allow the release of the second half of funds.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.