The Fed's payments to the Treasury hit a decade low in 2019 as the repo crisis raged

Business Insider

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· *The Federal Reserve last year paid the US Treasury its smallest sum in a decade, doling out $54.9 billion throughout 2019.*
· *The central bank faced income pressures from declining interest income and surging expenses, according to a Friday statement.*
· *The Fed's market repurchase agreement, or repo, operations drove...

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