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![profitsplusid Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::86805687.png) bob coleman [@profitsplusid](/creator/twitter/profitsplusid) on x 27.5K followers
Created: 2025-07-25 21:32:15 UTC

The Federal Reserve Act, specifically XX U.S.C. § 290, mandates that the Federal Reserve Banks remit their excess earnings to the U.S. Treasury. This remittance is a statutory requirement, meaning it's legally obligated.

Deferred asset:
When  the Fed's expenses exceed its income, it accumulates a deferred asset,  which represents the amount the Fed expects to recover in the future  when its income exceeds its expenses.


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