News Headline Summary

Fed says TALF credit protection is no longer necessary

Says:
- TALF remains a joint Treasury-Fed reserve program.
- Treasury gets full repayment with interest on TALF investments.
- TALF bailout program is repaid in full.

Update details:

- TALF is the Term Asset-Backed Securities Loan Facility, which is the bailout program.

Print 19:01, 15 Jan 2013 - Fed - Source: Newswires