US Treasury preparing to wind down Tarp after $70bn repayment

US Treasury

The US Treasury is positioned to begin winding down the Troubled Asset Relief Programme (Tarp) since more than $70 billion of the $205 billion provided to financial institutions has already been repaid, the official charged with overseeing the scheme has confirmed.
Appearing before the Congressional Oversight Panel for Tarp in Washington, Herbert Allison, the assistant secretary for financial stability at the Treasury department, revealed that of the 679 US banks that received Tarp funds, 30 hav

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: