The Fed used to be profitable and sent those profits to the US Treasury. But during the Biden years, they needed to put so many bandaids on the banking system, they lost $223 billion.

The Fed used to be profitable and sent those profits to the US Treasury.

But during the Biden years, they needed to put so many bandaids on the banking system, they lost $223 billion. https://t.co/5Jon648tre

— Wall Street Mav (@WallStreetMav) February 21, 2025