Department of the Treasury and the Federal Reserve Board are Announcing
the Launch of the Term Asset-Backed Securities Loan Facility (TALF).
In carrying out the Financial Stability Plan, the Department of the
Treasury and the Federal Reserve Board are announcing the launch of the Term Asset-Backed Securities
Loan Facility (TALF), a component of the Consumer and Business Lending Initiative (CBLI). The TALF has
the potential to generate up to $1 trillion of lending for businesses and households. Read more...