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To: blitz128; central_va
blitz128: "Fed needs to be DOGE’d"

The Federal Reserve is not funded by taxpayers, just the opposite.
It lives off interest earned from US treasuries & other government securities, i.e., MBS's.
Any profits after expenses the Fed returns to the US treasury.
In a good year, like 2019, the Fed can return over $50 billion to the US treasury.

14,623 posted on 04/07/2025 3:19:31 AM PDT by BroJoeK (future DDG 134 -- we remember)
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To: BroJoeK

Was referring more to investigating the personal activities and finances of the fed members.
I think their internet activity both public and private would be illuminating, as well as their personal financial activities.

These folks think they are the smartest folks in the room, and that leads to arrogance and sloppiness. Imagine there is a paper trail a mile long that the public would love to see.


14,625 posted on 04/07/2025 3:40:34 AM PDT by blitz128
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To: BroJoeK
The Federal Reserve was created by Congress under the Federal Reserve Act of 1913, and its operations are governed by the GAO and independent accounting firms. President Trump certainly could task Elon Musk to oversee government oversight.

Please try harder.

14,628 posted on 04/07/2025 5:53:56 AM PDT by JonPreston ( ✌ ☮️ )
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