• The Commercial Paper Funding Facility Program
  • December 21, 2008 | Authors: Robert L. Ughetta; Alberta Valerie Stewart
  • Law Firm: Cadwalader, Wickersham & Taft LLP - Charlotte Office
  • The Federal Reserve Board, through the powers granted to it under Section 13(3) of the Federal Reserve Act, established the Commercial Paper Funding Facility (CPFF) to improve liquidity in the short-term commercial paper market.