the federal reserve transfers profits from its twelve regional banks to\ninvestment and commercial…
the federal reserve transfers profits from its twelve regional banks to\ninvestment and commercial banks.\ncentral banks in europe and asia.\nthe department of commerce.\nthe department of the treasury.
Answer
Brief Explanations:
The Federal Reserve transfers the profits from its twelve regional banks to the Department of the Treasury. This is part of its financial - reporting and remittance process in the U.S. monetary system.
Answer:
the Department of the Treasury.