Barack Obama

Bailout Update: Fed Balance Sheet Reaches $2 Trillion 

The U.S. Federal Reserve’s balance sheet expanded to a record high this week, after continued efforts to shore up the financial system through large cash infusions helped push $2.058 trillion onto the Fed’s book through Nov. 5, compared to the $1.953 trillion on the Fed’s books one week earlier. The data came from an update on reserve balances on Thursday afternoon. See the data.