The Federal Reserve Balance Sheet, (Assets On Their Books).
The Federal Reserve claims to me "Normalizing" their balance sheet, which is now larger than the GDP (Gross Domestic Product) of many countries on Earth.
Here is a link to the Federal Reserve's Quarterly Balance Sheet Developments: Click here: https://www.federalreserve.gov/monetarypolicy/quarterly-balance-sheet-developments-report.htm
You will notice that the Federal Reserve's Balance Sheet IS NOT "normalizing" or shrinking... It is getting LARGER.