the federal reserve transfers profits from its twelve regional banks to investment and commercial banks…
the federal reserve transfers profits from its twelve regional banks to investment and commercial banks. central banks in europe and asia. the department of commerce. the department of the treasury.
Answer
Brief Explanations:
The Federal Reserve transfers its profits from its regional banks to the U.S. Department of the Treasury as per its operating procedures. This helps in contributing to the government's revenue.
Answer:
the Department of the Treasury.