Tennessee Valley Authority: Problems With Irrevocable Trust Raise Need for Additional Oversight

Pursuant to a congressional request, GAO provided information on the Tennessee Valley Authority's (TVA) creation of the Center for Rural Studies (CRS) Trust, focusing on: (1) the significant events pertaining to the creation, funding, and operation of CRS as well as any investigations of CRS; (2) how TVA accounted for the funds returned to TVA; and (3) the oversight of TVA activities.