Fed quantitative easing delivers record windfall for US Treasury

The Federal Reserve sent a record $98.7bn in profits to the US Treasury last year, largely reflecting higher interest earnings on its big bond holdings, according to preliminary figures released on Friday.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire