How large was the TARP bank bailout?

The Troubled Asset Relief Program (TARP) was a financial bailout enacted in 2008 in response to the financial crisis, with an original allocation of $700 billion. It aimed to stabilize the banking system by purchasing distressed assets and providing capital injections to financial institutions. Over time, the program's costs were reduced as many banks repaid their loans, and in total, TARP disbursed about $440 billion, with significant repayments resulting in a lower net cost to taxpayers.