The Term ABS Loan Facility Loan Facility (TALF) earned $600 million of net interest income to date, which is equal to more than 2-1/2 percent of the TALF loans currently outstanding, according to William Nelson, Federal Reserve Board deputy director in the division of monetary affairs.

He spoke before the Congressional Oversight Panel for the Troubled Asset Relief Program (TARP), under which the Treasury provided credit protection for the TALF.

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