As reported by Reuters, New York Senator and Park Sloper Charles Schumer says that tougher oversight over $700 billion bailout to taxpayers’
interest must come first.

"We understand the need to act and to act quickly. But we feel …
taxpayers have to come first," Schumer told reporters. "They have to
come ahead of the bondholders, the shareholders, and the executives."
   

"And finally oversight," he added. "You can’t give all this power to
any one person, particularly a non-elected person … without making
sure conflicts of interest are dealt with, that people are treated
fairly."