The U.S. Treasury is pushing for the breakup and sale of Ally Financial Inc., according to Bloomberg Law. The push suggests the Treasury is viewing the lending firm as a sum of its parts and looking for a different long-term strategy. 

The news agencies cited sources familiar with the matter. The Treasury bailed out Ally Financial to the tune of $17 billion after the financial crisis.

Bloomberg's unidentified sources claim the Treasury wants to break up and sell the lender because its initial public offering may not produce the desired outcome. 

kpanchuk@housingwire.com