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Overseas Military Banking Facilities

Hearing Before the Subcommittee on General Oversight and Renegotiation of the Committee on Banking, Currency and Housing, House of Representatives, Ninety-fourth Congress, Second Session, January 21, 1976

The compensating balances that Treasury places with the banks and the funds placed on deposit by account holders yield analysis and statistical income credit to Treasury based on formulas involving Treasury bill rates .

Hearings, Reports and Prints of the House Committee on Banking, Currency, and Housing

Require that all interest income received by the Federal Reserve , whether from the $ 10 billion Treasury portfolio , Agency securities , acceptances or discounts , be remitted to the Treasury . Authorize appropriations by the Congress ...