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![PeterSchiff Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::56562803.png) Peter Schiff [@PeterSchiff](/creator/twitter/PeterSchiff) on x 1.2M followers
Created: 2025-07-14 14:13:06 UTC

CNBC’s @SaraEisen doesn’t understand how the Fed works. It's only allowed to keep a small return on its assets, but all excess profits must be paid to the Treasury. So taxpayers end up footing the full bill for its lavish HQ renovation.


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**Related Topics**
[fed](/topic/fed)
[federal reserve](/topic/federal-reserve)

[Post Link](https://x.com/PeterSchiff/status/1944762081288348145)