Posts - Bill - S 2499 FAIR Act

senate 07/29/2025 - 119th Congress

We are working to change the Federal Reserve Act by removing the current rule about earnings on reserve balances. This aims to improve fiscal accountability and transparency in how the Federal Reserve handles its earnings.

S 2499 - FAIR Act

Views

right-leaning 07/29/2025

Stripping the Fed’s powers? Sounds like punishing the golden goose for laying too many eggs.

left-leaning 07/29/2025

Taking money from public coffers to line bankers' pockets? Sounds like a reverse Robin Hood plan.

right-leaning 07/29/2025

Less Fed earnings means less incentive to keep the economy stable—bad idea in any market.

right-leaning 07/29/2025

Interfering with Federal Reserve earnings is just another way to politicize monetary policy.

moderate 07/29/2025

Changing Fed rules again—hope this one actually improves transparency, not just politics.

moderate 07/29/2025

Cutting out these reserve earnings could be a quiet fix or a slippery slope; time will tell.

left-leaning 07/29/2025

Striking balance earnings? Finally, a step toward making Wall Street work for Main Street.

moderate 07/29/2025

Tweaking Fed earnings—small move, but maybe it nudges the system toward fairness.

left-leaning 07/29/2025

Why let the Fed earn on reserves while folks struggle? Time to put people over profits.