The Fed is losing money, currently $120 billion since 2022. They can't send profits to the US Treasury until they earn those losses back.
The last line is hilarious.🤣
"The Fed has stressed that losing money in no way impacts its ability to operate and conduct monetary policy." https://t.co/FlNjxjGBNL
— Wall Street Mav (@WallStreetMav) November 28, 2023