US lawmakers have hailed the news that the country’s government made a 23% return on its bailout of Goldman Sachs, after the Wall Street giant revealed it had paid over $1bn (€702,426) to repay money received as part of the Troubled Asset Relief Programme. Here, Financial News rounds up reaction to the US taxpayers’ gain from around the Web.

Goldman Sachs yesterday became the first big bank to remove all its Tarp warrants from government hands, paying $1.1bn to the US Treasury to buy them back. Goldman said that, along with $318m in preferred dividends already paid out, the government had made an annualised 23% return on its investment.