The federal government sets the salaries of the board’s seven governors, and it receives all the system’s annual profits, after a statutory dividend of 6% on member banks’ capital investment is paid, and an account surplus is maintained.
Bitcoin Falls Below $25K, Altcoins See Decline as Investors Ignore Fed’s Rate Hike Pause
Ether declined more than 3% to $1,650 less than three hours after the Fed ended its more than year-long diet…
Read more "Bitcoin Falls Below $25K, Altcoins See Decline as Investors Ignore Fed’s Rate Hike Pause"
