When banks become members of the Federal Reserve System, which is mandatory for national banks and voluntary for state banks, they have to purchase stock in their local Federal Reserve Bank equal to six percent of their own capital and surplus.
FORBES: Fed Bashers Stretch To Criticize Record Profit Paid To Treasury
2.
"We prefer voluntary readmission, but we also agree that we must reserve the right to compulsory repatriation, " Danish Immigration Minister Bertel Haarder, whose country holds the EU presidency, said.