Dr. T on Twitter: OK, but Apples & Oranges. Fed gives net income (less capital replenishment) to Treasury:$107.4 billion for 2021. "Cede" or DTC [not DTCC] "rebates" net income (less cap repl) to DTC members: $0 for 2021, $25 million for 2020.
Dr. T on Twitter: OK, but Apples & Oranges. Fed gives net income (less capital replenishment) to Treasury:$107.4 billion for 2021. "Cede" or DTC [not DTCC] "rebates" net income (less cap repl) to DTC members: $0 for 2021, $25 million for 2020. Fed could be doing bailout; DTCC would be recipient.
