[This] include information related to the Term Asset-Backed Securities Loan Facility (TALF). Credit was extended under the TALF for the first time on March 25, 2009.The TALF is just getting started with $4.7 billion yesterday.

Click on graph for larger image in new window.
After spiking last year to $2.31 trillion the week of Dec 18th, the Federal Reserve assets have declined somewhat.
Now the Federal Reserve is starting to expand their balance sheet again.
Note: the graph shows Total Factors Supplying Federal Reserve Funds and is an available series that is close to assets.
Three trillion here we come! Or maybe four?