Balance Sheet Policy
This task force will examine the costs, benefits, and institutional implications of the Federal Reserve's current balance sheet regime.
Task Force Leaders
Karen Dynan Professor of economics Harvard University
Raghuram Rajan Professor of finance University of Chicago Booth School of Business
Former governor, Reserve Bank of India
Former governor, Reserve Bank of India
Jeremy Stein Professor of economics Harvard University
Former governor, Federal Reserve Board
Former governor, Federal Reserve Board
"Review the benefits and risks of the current ample-reserves regime and the composition of the Fed's balance sheet … [and] assess alternative frameworks for the conduct and operation of monetary policy."
Chairman Kevin Warsh