Can the Federal Reserve tax member banks?

Does the Federal Reserve have the power to tax its member banks?

Tags: Banks, Federal, Member, Reserve

2 Responses to “Can the Federal Reserve tax member banks?”

1. Sageandscholar says:

   November 22, 2011 at 4:21 am

   The Federal Reserve does not tax anyone.

   All net revenues of the Federal Reserve Banks are returned to Treasury.
2. gray shadow says:

   November 22, 2011 at 4:37 am

   No, the federal reserve does not have the power to tax anyone.