40 senators: Terminate TARP by year's end

The Hill reports:

A bipartisan group of 40 senators wrote Treasury Secretary Tim Geithner on Friday, asking him to end the Wall Street bailout program by the end of the year.

The senators, led by John Thune (R-S.D.), the Senate's fourth-ranking Republican, asked Geithner to decline extending the Troubled Asset Relief Program (TARP) through October of 2010. The program would expire at the end of the year unless Geithner acts to prolong it.