The first new tool, called the Term Auction Facility.

http://en.wikipedia.org/wiki/Federal_Reserve_System#cite_note-91

New facilities

In order to address problems related to the subprime mortgage crisis and United States housing bubble, several new tools have been created. The first new tool, called the Term Auction Facility, was added on December 12, 2007. It was first announced as a temporary tool but there have been suggestions that this new tool may remain in place for a prolonged period of time.