The Federal Reserve is not funded by Congress. Instead, it's funded by the interest earned on securities it buys, plus fees it receives for services it provides to banking institutions, including check clearing and fund transferring. All net earnings of the Federal Reserve Banks are transferred to the U. S. Treasury.
PTELook at the text below. In 35 seconds, you must read this text aloud as naturally and clearly as possible. You have 35 seconds to read aloud.
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Beginning in 35 seconds.