Which of the following is not a program developed by the Fed during the 2008 financial crisis?
A) TAF
B) PDCF
C) CPFF
D) TRAPS

Question

Quizplus · Accepted Answer

TRAPS is not a program developed by the Fed during the 2008 financial crisis. TAF (Term Auction Facility), PDCF (Primary Dealer Credit Facility), and CPFF (Commercial Paper Funding Facility) were all programs initiated by the Federal Reserve to provide liquidity and stabilize financial markets during the crisis.

Which of the Following Is Not a Program Developed by the Fed