Fed Returns $42 Billion To Treasury For Terminated Emergency Programs; The History and Organization of the Federal Reserve: The What and Why of the United States’ Most Powerful Banking Organization

January 7, 2020 | By Tyler Durden | ZeroHedge | Source “At the end of 2020, Steven Mnuchin created a mini media tempest (in a teapot) when he demanded that the Fed return tens of billions in unused funds backstopping the central bank’s various emergency, 13(3) programs. While the news spark a mini furore in financial circles and … Continue reading Fed Returns $42 Billion To Treasury For Terminated Emergency Programs; The History and Organization of the Federal Reserve: The What and Why of the United States’ Most Powerful Banking Organization