Washington, D.C. – U.S. Congressman Kevin Brady of Texas, the top House Republican on the Joint Economic Committee, made the following statement upon today’s Statement from the Federal Open Market Committee (FOMC), which indicates the FOMC is moving closer to normalizing monetary policy.
“The Fed has been successful in producing a boom on Wall Street that has left most of Main Street America behind. It’s time for the Fed to begin reducing the size of its bloated balance sheet and clearly signal a gradual but certain return to normalcy in monetary policy.”
