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Trump allies urge Fed to cut balance sheet and revive credit

Senior advisors to Trump believe that the Fed policies to date have been extremely harmful small business while benefiting larger corporations and the federal government. A significant shrinking of the Fed's $4.5tn balance sheet could be in the cards.

The debate over the Fed’s balance sheet will heat up during the Trump presidency, with about $1.2 trillion of its stock of Treasury securities set to mature from 2017 through 2020.

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capital markets