175 The Federal Reserve is technically bankrupt. In 2023 the Fed will post its first annual operating loss of $80 billion since 1915. It will have a negative capital of $38B. This loss does not count the $1.3 trillion unrealized loss on its portfolio. (twitter.com) posted 1 year ago by penisse 1 year ago by penisse +175 / -0 19 comments share 19 comments share save hide report block hide replies
Didn't Trump put all of the currency and banking under Dept of Treasury in 2018? I think he did. He made them a toothless bear back in 2018. https://www.cnbc.com/2018/07/20/trump-poised-to-take-control-of-the-federal-reserve.html
March of 2020.