The Fed thereby creates money which it can use to buy the debt securities of the Treasury, or, in other words, to lend the printed money to the government.
Viral State of the Union moments include Nancy Pelosi tearing up Trump's 2020 speech, Joe Wilson shouting "You lie!" at Obama, and Lauren Boebert heckling Biden....
Homeland Security Secretary Kristi Noem blames Democrats for third government shutdown affecting DHS, suspending TSA PreCheck and Global Entry programs beginning Sunday at 6 a.m....