Bipartisan Lawmakers Urge Federal Reserve To Expand TALF

On April 1, a bipartisan group of lawmakers from the House Committee on Financial Services sent a joint letter to Federal Reserve Chairman Jerome Powell urging the Fed to expand the  initial Term Asset-Backed Securities Loan Facility (TALF) to include investment-grade securities backed by unsecured consumer loans as eligible collateral.

Letter-to-the-Federal-Reserve-on-TALF.pdf