Most of the Fed's income is transferred to the U.S. Department of Justice.

Question

Quizplus · Accepted Answer

The majority of the Fed's income is actually transferred to the U.S. Treasury, not the Department of Justice. The Fed's income primarily comes from interest on government securities and loans made to financial institutions, which is then transferred to the U.S. Treasury as profits. The Department of Justice does not receive any direct payments from the Fed's income.

Most of the Fed's Income Is Transferred to the U