Fed Sent $88.5 Billion in Profits to U.S. Treasury in 2020

Wall Street Journal, Jan. 11, 2021–Kate Davidson (subscription)
The Federal Reserve sent $88.5 billion in profits to the U.S. Treasury Department in 2020, a nearly two-thirds increase from the previous year as lower rates held down the central bank’s interest expense.
https://www.wsj.com/articles/fed-sent-88-5-billion-in-profits-to-u-s-treasury-in-2020-11610384401?mod=lead_feature_below_a_pos1