Open 24/7/365

We Have A Life-Time Warranty /
Guarantee On All Products. (Includes Parts And Labor)

Can You Say “Federal Bailout”? (#GotBitcoin?)

Federal Reserve Sent Lower Remittances To U.S. Treasury in 2019.Can You Say “Federal Bailout”? (#GotBitcoin?)
The Fed paid $10 billion less to the government last year after repurchase activities drove up costs.
Federal Reserve payments to the U.S. Treasury declined in 2019 to a decade low, as the central bank’s expenses rose and income declined.

Can You Say "Federal Bailout"? (#GotBitcoin?)
The Fed sent about $54.9 billion to the government last year, down from $65.3 billion in 2018, according to preliminary estimates of the central bank’s annual financial statements, released Friday.
The Fed’s net income totaled $55.5 billion in 2019, a decrease of $7.6 billion from 2018, the central bank said.
The drop mainly came from two factors. First, the Fed’s market operations involving repurchase agreements drove up its interest expenses. Second, the central bank’s interest income fell as it reduced its holdings of bonds purchased to help stimulate the economy after the financial crisis.

The Fed is required to use its revenue to cover operating expenses and send much of the rest to the Treasury’s general fund, where it is used to help cover the government’s bills.


Can You Say "Federal Bailout"? (#GotBitcoin?)
The Fed payments to Treasury, called remittances, hit a record in 2015 due to swelling interest income from its huge bondholdings.
The same year, Congress also required the Fed to hand over nearly $20 billion to Treasury under the terms of a federal transportation bill, which swept up all but $10 billion of the central bank’s capital surplus account to help pay for highway spending.
Friday’s report showed the 12 Fed reserve banks’ operating expenses totaled $4.5 billion last year.

The Fed said Friday’s figures are preliminary and could be adjusted when its audited financial statements are released in March. Can You Say “Federal Bailout”?,Can You Say “Federal Bailout”?,Can You Say “Federal Bailout”?,Can You Say “Federal Bailout”?


Related Articles:

Global Debt History

Trump Attempts To Bribe Ukraine President To Investigate Biden’s Son (#GotBitcoin?)

Service Sector Also Impacted By Negative Affects Of Trumponomics (#GotBitcoin?)

Junk Debt Sends Early Warning Signals (#GotBitcoin?)

Race To The Bottom As Japan Considers Deeper Negative Rates After ECB Cut. US To Follow (#GotBitcoin?)

Trump: The Best President Russian Money Can Buy

Trump Concedes Economic Defeat Trumponomics Will Result In Negative Interest Rates (#GotBitcoin?)

U.S. Corporate Insiders Selling Shares At Fastest Pace Since 2008 (#GotBitcoin?)

Median U.S. Household Income Slows As U.S. Job Openings Cool

High Debt Levels Are Weighing On Economies (#GotBitcoin?)

Budget Deficit Grow, Stocks, Bond Yields Fall, Negative Interest Rates Spread!

Central Banks Plan For Negative Interest Rates (#GotBitcoin?)

Negative Interest Rates In Europe, Depressing Retail Sales And Plunging U.S. Imports, Q.E. Back On The Table (#GotBitcoin?)

Junk Bond Yields Go Negative As Central Banks Cut Interest Rates And Print Money (#GotBitcoin?)

White House Pushes Fed Towards Negative Interest Rates (#GotBitcoin?)

U.S. Junk Bonds With Negative Yields? Yes, Kind of (#GotBitcoin?)

Investors Ponder Negative Bond Yields In The U.S. (#GotBitcoin?)

European Central Bank Warns World Of Drawbacks of Negative Rates (#GotBitcoin?)

Bond Yields Sink To New Lows, Federal Deficits Skyrocket And Trump Back-Tracks On Tax Cuts

Recession Is Looming, or Not. Here’s How To Know (#GotBitcoin?)

How Will Bitcoin Behave During A Recession? (#GotBitcoin?)

Many U.S. Financial Officers Think a Recession Will Hit Next Year (#GotBitcoin?)

Definite Signs of An Imminent Recession (#GotBitcoin?)

What A Recession Could Mean for Women’s Unemployment (#GotBitcoin?)

Investors Run Out of Options As Bitcoin, Stocks, Bonds, Oil Cave To Recession Fears (#GotBitcoin?)

Goldman Is Looking To Reduce “Marcus” Lending Goal On Credit (Recession) Caution (#GotBitcoin?)

Our Facebook Page

Your Questions And Comments Are Greatly Appreciated.

Monty H. & Carolyn A.

Go back

Leave a Reply