[Federal Reserve Chairman: Any Changes to Balance Sheet Policy Will Be Announced in Advance] Odaily Planet Daily News – Federal Reserve Chairman Walsh stated during a House hearing that the Federal Reserve is committed, capable, and responsible for fulfilling the tasks assigned by the committee, adhering to its duties while staying away from politics. Several task forces he established are currently in the investigation phase, with external task forces set to first share their findings with policymakers and engage in public discussions. He has requested all task forces to return to first principles. The balance sheet is a part of monetary policy, and any changes to balance sheet policy will be announced in advance. The Federal Reserve must perform its duties well to avoid interference from fiscal policy. The balance sheet system has undergone significant changes, and the Federal Reserve is honored to be an independent central bank. He understands that during times of crisis, central banks need to intervene in the market.