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.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump