See What People Are Saying About... Obama's TARP Changes

The Obama team signaled that TARP money is going to be used differently by the new administration.

Saying the first half of the TARP was ineffective and poorly accounted for, Obama's senior adviser David Axelrod tells the media, "I think (Obama) is going to have a strong message for the bankers. We want to see credit flowing again. We don't want them to sit on any money that they get from taxpayers."

Senator Barney Frank expects two clear changes in the way TARP money is used. He tells CNBC,

1) “The biggest single change is that Obama will be using up to $100 billion to avoid foreclosures,” Frank says.

2) Also, banks will only receive money after “banks tell the government how the money will be used." And no bank will be permitted TARP money for an acquisition "unless it’s made clear that it’s to the taxpayers advantage."

And that leads to our Fast Money reader poll. When it comes to the financial crisis, do you have more confidence in the Obama team than the Bush administration?

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CNBC.com with wires