Originally Posted by Nik
Originally Posted by Bostonian
but it is required by law to send that interest to the federal treasury (after deducting operating expenses).


Thanks, any idea where I can find that law? It would certainly refute the claims and save me a lot of unnecessary research time if I could start and end there.

No, but I can cite a news story "Federal Reserve Sends In Largest Earnings on Record for Treasury Securities" http://www.foxnews.com/politics/201...est-earnings-record-treasury-securities/ consistent with what I wrote.


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