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Fed Governor Advocates Regulatory Easing for Balance Sheet Shrinkage

11/20/2025

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Summary

Story summary

Federal Reserve Governor Stephen Miran says easing regulations could allow the Fed to shrink its balance sheet in the future.
Speaking at a Bank Policy Institute event, Miran urged reworking Wall Street rules.
Miran supported halting the balance sheet contraction, which stands at about $6.6 trillion.
The Fed's quantitative tightening has met its objectives, with Treasury purchases potentially needed to manage liquidity.

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Story summary

Federal Reserve Governor Stephen Miran says easing regulations could allow the Fed to shrink its balance sheet in the future.
Speaking at a Bank Policy Institute event, Miran urged reworking Wall Street rules.
Miran supported halting the balance sheet contraction, which stands at about $6.6 trillion.
The Fed's quantitative tightening has met its objectives, with Treasury purchases potentially needed to manage liquidity.