美国经济- 聚焦美联储缩表进程-US Economics Weekly-Shining a spotlight on the Fed's footprint

February 6, 2026 09:00 AM GMT US Economics Weekly | North America Shining a spotlight on the Fed's footprint The nomination of Kevin Warsh as Chair of the Federal Reserve has brought renewed focus on the Fed's presence in financial markets. Key Takeaways Exhibit 1: The Treasury General Account has ballooned after the financial crisis and COVID. Cutting the TGA in half would allow the Fed to reduce its securities holdings by $500bn without altering reserve balances Treasury General Account ($bn) 96 98 00 02 ...