Marketplace All-in-One No, the Fed should not stop paying interest on reserves
Jun 12, 2025
Yanti Sarepto, President and CEO of Save the Children U.S., shares insights on how USAID funding cuts are impacting vital child development programs. Kristen Schwab highlights personal stories in her segment, Lived Economies, showcasing diverse spending habits across the country. Amy Scott reports from Houston, revealing the struggles of disaster recovery and the essential support that nonprofits provide in challenging times. Together, they delve into economic challenges and resilience in communities, stressing the importance of federal support.
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Blue-Collar Retirement Comfort
- Bill and Catherine enjoy a financially comfortable retirement with steady income sources and can afford hobbies and travel without budgeting.
- They worry about their sons' economic prospects, seeing them struggle with healthcare, housing, and financial security unlike their own generation.
Save the Children Funding Crisis
- Save the Children CEO Yanti Sarepto describes the chaotic disruption of USAID funding cuts, causing sudden program terminations and massive layoffs.
- The organization is adjusting through crisis management, staff cuts, and strategic reform to continue critical life-saving work.
Ending Fed Interest Payments Misconception
- Stopping the Federal Reserve interest payments on bank reserves would not save taxpayers money.
- The Fed uses profits from investments, and ending interest payments would force selling assets, reducing its income and government profits.