What Central Banks do with the interest on the money they lend?

Question

I understand how CB creates money and buys bonds and other assets.

But I couldn’t find anything on what CB does with interest and profit.

In: Economics

Answer 1

In the US at least, the interest they earn pays for the operating costs of the Federal Reserve. Anything beyond that is given to the US Treasury to fund the government. They gave almost $90 billion to the Treasury last year.