{"id":33127,"date":"2016-02-21T04:50:44","date_gmt":"2016-02-21T03:50:44","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=33127"},"modified":"2016-02-21T04:51:26","modified_gmt":"2016-02-21T03:51:26","slug":"the-cost-of-fed-membership","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/the-cost-of-fed-membership\/","title":{"rendered":"The Cost of Fed Membership"},"content":{"rendered":"<p>A Richmond Federal Reserve Report: \u00a0Since the Federal Reserve\u2019s founding, it has paid a regular dividend to banks that are Fed members in exchange for those banks holding stock in Federal Reserve Banks. Recent transportation legislation reduced these dividends and used the savings to help fund the bill. While this move provided a shortterm financing fix, it also raised a bigger question of whether banks will want to remain members of the Fed.\u00a0<strong><a href=\"https:\/\/www.richmondfed.org\/-\/media\/richmondfedorg\/publications\/research\/economic_brief\/2016\/pdf\/eb_16-02.pdf\" target=\"_blank\">Economic Brief<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Richmond Federal Reserve Report: \u00a0Since the Federal Reserve\u2019s founding, it has paid a regular dividend to banks that are Fed members in exchange for those banks holding stock in Federal Reserve Banks. Recent transportation legislation reduced these dividends and &hellip; <a href=\"https:\/\/www.w-t-w.org\/en\/the-cost-of-fed-membership\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-33127","post","type-post","status-publish","format-standard","hentry","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"A Richmond Federal Reserve Report: Since the Federal Reserve\u2019s founding, it has paid a regular dividend to banks that are Fed members in exchange for those banks holding stock in Federal Reserve Banks. Recent transportation legislation reduced these dividends and used the savings to help fund the bill. While this move provided a shortterm financing\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Adela Rogers\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.w-t-w.org\/en\/the-cost-of-fed-membership\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.10\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"W-T-W.org - Women and Finance\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"The Cost of Fed Membership - W-T-W.org\" \/>\n\t\t<meta property=\"og:description\" content=\"A Richmond Federal Reserve Report: Since the Federal Reserve\u2019s founding, it has paid a regular dividend to banks that are Fed members in exchange for those banks holding stock in Federal Reserve Banks. Recent transportation legislation reduced these dividends and used the savings to help fund the bill. While this move provided a shortterm financing\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.w-t-w.org\/en\/the-cost-of-fed-membership\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2016-02-21T03:50:44+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2016-02-21T03:51:26+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"The Cost of Fed Membership - W-T-W.org\" \/>\n\t\t<meta name=\"twitter:description\" content=\"A Richmond Federal Reserve Report: Since the Federal Reserve\u2019s founding, it has paid a regular dividend to banks that are Fed members in exchange for those banks holding stock in Federal Reserve Banks. Recent transportation legislation reduced these dividends and used the savings to help fund the bill. 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