Fed posts record profit of $46.1B for last year | West Central Tribune
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Fed posts record profit of $46.1B for last year

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WASHINGTON (AP) -- The Federal Reserve made a record profit of $46.1 billion last year, reflecting money made off its extraordinary efforts to rescue the country from the worst economic and financial crisis since the 1930s, the central bank announced today.

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The windfall gets turned over to the Treasury Department.

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