Targeted News Service

First Trust Advisors Chief Economist Wesbury Testifies Before Senate Homeland Security & Governmental Affairs Committee
December 24, 2025

WASHINGTON, Dec. 24 -- The Senate Homeland Security and Governmental Affairs Committee released the following testimony by Brian S. Wesbury, chief economist at First Trust Advisors, from a Dec. 11, 2025, hearing entitled "The Fed's Big Bank Welfare Program: Oversight of the Fed's IORB Regime." IORB stands for interest on reserve balances.

* * *

In 2008, the Federal Reserve ("the Fed") began experimenting with a new monetary policy regime. W . . .

Targeted News Service Document Request Form

This document is available to you by e-mail if you complete the form below with relevant information. There may be a fee for this article or ongoing service of similar materials. We will be in touch shortly.

Name:
What's your Affiliation	Government Newspaper / Media Business Public Policy Individual / Student Educators
Email:
Phone:
Organization, if any:
State/Country you are in:
Additonal questions or comments:

Click here for more information about our products

Existing Customer Login

Targeted News Service Document Request Form