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FRB_ Press Release--Reserve Bank income and expense data and transfers to the Treasury for 2013--Jan

FRB_ Press Release--Reserve Bank income and expense data and transfers to the Treasury for 2013--Jan

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What's New · What's Next · Site Map · A-Z Index · Careers · RSS · All Videos · Current FAQs · Contact Us Advanced Search About the Fed News & Events Monetary Policy Banking Information & Regulation Payment Systems Economic Research & Data Consumer Information Community Development Reporting Forms Publications Testimony and Speeches Press Releases Regulatory Reform Conferences Other Public Communication Print Accessibility Contact Us Disclaimer Website Policies FOIA PDF Reader Release Date: January 10, 2014 For immediate release The Federal Reserve Board on Friday announced preliminary unaudited results indicating that the Reserve Banks provided for payments of approximately $77.7 billion of their estimated 2013 net income to the U.S. Treasury. Under the Board's policy, the residual earnings of each Federal Reserve Bank are distributed to the U.S. Treasury, after providing for the costs of operations, payment of dividends, and the amount necessary to equate surplus with capital paid-in.
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