Like all central banks, the Federal Reserve was designed to make money for the government from its monopoly on issuing currency. The Fed did generate profits, which it sent to the Treasury, every yea… [+582 chars]
Related Posts
WSJ News Exclusive NBCUniversals Linda Yaccarino Is in Talks to Become Twitter CEO The Wall…
Twitter owner Elon Musk said earlier he had picked a new chief executive, without naming the person
Italys Prime Minister Shows How FarRight Parties Can Go Mainstream The Wall Street Journal
Italy’s Prime Minister Shows How Far-Right Parties Can Go Mainstream - The Wall Street Journal
Watch Live Fed Chair Jerome Powell Speaks on InterestRate Decision at 230 pm ET The…
The FOMC rose interest rates to a 22-year high today. Follow along for the latest news, updates and expert analysis from Wall Street Journal reporters and editors.