(2) entering into contracts, including contracts for services authorized by section 3109 of title 5, United States Code, without regard to any other provision of law regarding public contracts;
Basically - Secretary Paulson runs the show, forget what the law says. Section 3109 of title 5 just says that he can hire "experts".
(3) designating financial institutions as financial agents of the Government, and they shall perform all such reasonable duties related to this Act as financial agents of the Government as may be required of them;
OK folks, I'm beginning to hyper-ventilate.
(5) issuing such regulations and other guidance as may be necessary or appropriate to define terms or carry out the authorities of this Act.
Yea Paulson, just do the hell whatever you want!
(2) protecting the taxpayer.
I'm glad that they included this. I needed a laugh.
And no GAO review. Bring on the cronyism and corruption!