One of the most successful banks in the U.S. is the Feder...

One of the most successful banks in the U.S. is the Federal Reserve. The securities that it bought during the financial crisis, among other investments, are paying off.


The Fed paid an estimated $77.7 billion to the Treasury Department last year according to a news release on its website http://www.federalreserve.gov/newsevents/press/other/20140110a.htm
While this payment is less than that in 2012, the Fed has transferred funds to the Treasury every year since 1934.Buy Timing the Market at Amazon.com
 •  0 comments  •  flag
Share on Twitter
Published on March 17, 2014 09:34
No comments have been added yet.