South Dakota's Stephanie Herseth Sandlin is one of three U.S. House Democrats who have signed onto a bill to take the Troubled Asset Relief Program out of the Treasury Department.

She originally voted against TARP and says she thinks the government should decrease its role in buying stakes in failing companies.

Ten Republicans have signed onto the bill, including House GOP Leader John Boehner of Ohio.

If the bill becomes law, the Treasury Department would have to transfer TARP to a three-member board of trustees.

The $700 billion program is scheduled to end December 31, but the Treasury secretary can extend it. Herseth Sandlin, a leader of the fiscally conservative Blue Dog Democrats, said Thursday she opposes any extension.