The Federal Reserve's balance sheet rose by $11 billion in the week ending June 17, reaching $6.74 trillion, the highest level since March 2025. Since the start of the year, the Fed's assets have increased by $162.8 billion, driven mainly by a $251.8 billion rise in Treasury securities, now totaling $4.49 trillion, the highest since June 2024. At the same time, mortgage‑backed securities fell by $74.2 billion to $1.96 trillion, the lowest level since September 2020. Overall, the balance sheet is now about 76 % larger than pre‑COVID levels and continues to expand.