End Interest Payments on Excess Reserves
Federal Reserve / Financial Operations
Stop the Federal Reserve's practice of paying interest on excess reserves held by banks.
"Stop paying interest on excess reserves. Under this policy, also started during the 2008 financial crisis, the Federal Reserve effectively prints money and then 'borrows' it back from banks rather than those banks' lending money to the public." – Project 2025History
Mon Jan 20 2025
Initial analysis
Disruptive Potential
MODERATE
Could affect bank lending practices and credit availability to consumers and businesses
Status
Planned
References
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5 initiatives
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