CoinWorld News, on January 12, U.S. Treasury Secretary Scott Bessent stated last Friday that the goal of the Trump administration's mortgage-backed securities (MBS) purchase program is to make their purchase pace roughly match the speed at which these bonds are "roll-off" from the Federal Reserve's balance sheet. Bessent told Reuters, "The reality is that the Fed is rolling off about $15 billion worth of bonds each month, so I think the idea is to roughly match the Fed's actions, which have been pushing in the opposite direction."