The Federal Reserve Bank is the most powerful financial institution in America, and it is assumed that the profits resulting from its financial transactions are transferred to the Treasury. It is exposed to losses worth more than 100 billion dollars after it bought bonds in the financial crisis of 2007-2009.
And also in 2020, during the Corona crisis
Which began to move policymakers in America to think about legislating laws calling for its closure
Yes, the Fed closes
So far, nothing is confirmed, but the projects are under study
If the Fed falters in the future at a worse rate than what has already happened, the decision to close will receive more attention from officials
Perhaps the actual vote on it will begin
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