10/3/08TARP is now a fact.
They changed the name, though. It's now called the "Emergency Economic Stabilization Act of 2008".
Bush NATIONALIZES major banks
10/14/08 - Bush orders 7 major banks to accept an infusion of $250 billion taxpayer dollars. The banks involved are: Bank of America, J.P. Morgan Chase, CitiGroup, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of N.Y. Mellon, and State Street Bank.

on September 29, 2008, 65 House Republicans voted in favor of H.R. 3997
After that legislation failed, on October 1, 2008, 34 Senate Republicans voted for H.R. 1424, the new vehicle for the act, and on October 3, 2008, 91 House Republicans voted for that bill. President Bush, a Republican, subsequently signed it into law.