The Fed's payments to the Treasury hit a decade low in 2019 as the repo crisis raged

REUTERS/Kevin Lamarque The Federal Reserve last year paid the US Treasury its smallest sum in a decade, doling out $54.9 billion throughout 2019. The central bank faced income pressures from declining interest income and surging expenses, according to a Friday statement. The Fed's market repurchase agreement, or repo, operations drove costs higher through the second half of the year as the bank added billions of dollars to the US financial system. Visit the Business Insider homepage for more sto...