Chairman Rand Paul Releases New Report Revealing Hundreds of Billions in Taxpayer-Funded Payments to Domestic and Foreign Banks Through the Federal Reserve’s Interest on Reserve Balances Program - Committee on Homeland Security & Governmental Affairs

Likely AI

www.hsgac.senate.govby the Federal ReserveDecember 10, 2025Submitted September 4, 2026

WASHINGTON, D.C. — Chairman Rand Paul (R-Ky.) of the Senate Homeland Security and Governmental Affairs Committee (HSGAC), released a new report exposing the Federal Reserve’s use of Interest on Reserve Balances (IORB). The report is based on over 40,000 pages of documents Chairman Paul obtained from the Federal Reserve detailing IORB payments for every two-week period from July 2013 through July 2025. […]

The Verdict

ClassificationLikely AI

ConfidenceHigh confidence

Analyzedtext

Community Verdict

Be the first to vote on this assessment.

Embed Badge

Add this badge to your site to show the AI classification for this content.

[![Real Press](https://real.press/api/badge/7c14dd59-0d0a-4fad-a1de-1974a4958258)](https://real.press/content/7c14dd59-0d0a-4fad-a1de-1974a4958258)