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.


The windfall gets turned over to the Treasury Department.

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