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January 10, 2012

Looking at the Federal Reserve's Finances - $76.9 Billion as a dividend to Treasury

According to Bloomberg's , Craig Torres: 

"The Federal Reserve will pay $76.9 billion to the U.S. Treasury as part of an annual dividend it remits after covering its own expenses from interest on its ballooning bond portfolio and other gains."

Link:  http://www.bloomberg.com/news/2012-01-10/fed-s-rising-balance-sheet-generates-76-9-billion-for-treasury-department.html

(ag) Jan. 10, 2012, in Economy

January 10, 2012 in Economy | Permalink

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