Lawmakers, Industry Reps Join to Urge Treasury And Fed to Extend the TALF for Another Year
August 7, 2009
The Obama administration is facing an increased lobbying initiative from dozens of members of Congress and a number of industry groups to extend the lifespan of the Term Asset-Backed Securities Lending Facility, and to expand the kinds of collateral eligible for participation in the program to include residential MBS. Last week, a bipartisan group of 41 members of Congress wrote...