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Chairman Rand Paul
Ranking Member Gary Peters
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Permanent Subcommittee on Investigations
Border Management, Federal Workforce and Regulatory Affairs
Disaster Management, District of Columbia, and Census
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About
Jurisdiction and Rules
Committee Membership
Chairman Rand Paul
Ranking Member Gary Peters
History
Frequently Asked Questions
Subcommittees
Permanent Subcommittee on Investigations
Border Management, Federal Workforce and Regulatory Affairs
Disaster Management, District of Columbia, and Census
Subcommittee Archives
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About
Jurisdiction and Rules
Committee Membership
Chairman Rand Paul
Ranking Member Gary Peters
History
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Permanent Subcommittee on Investigations
Border Management, Federal Workforce and Regulatory Affairs
Disaster Management, District of Columbia, and Census
Subcommittee Archives
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Full Committee Hearing
The Fed’s Big Bank Welfare Program: Oversight of the Fed’s IORB Regime
Date:
December 11, 2025
Time:
10:00am
Location:
Senate Dirksen Building, SD-342
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Member Statements
Ranking Member
Gary Peters
(D -
MI)
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Witnesses
Panel I
NORBERT J. MICHEL, PH.D.
V.P. and Director Center for Monetary and Financial Alternatives
Cato Institute
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Panel I
RYAN YOUNG
Senior Economist
Competitive Enterprise Institute
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Panel I
BRIAN S. WESBURY
Chief Economist
First Trust Advisors L.P.
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Panel I
DONALD KOHN, PH.D.
Robert V. Roosa Chair in International Economics and Senior Fellow, Economic Studies
Brookings Institution
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