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Secret Assets Sale Repaid $10B in Treasury Loans

The revelation that NCUA sold $800 million worth of U.S. Central FCU and Western Corporate FCU securities in mid-September

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The revelation that NCUA sold $800 million worth of U.S. Central FCU and Western Corporate FCU securities in mid-September disclosed the tail end of a $10 billion covert effort to repay borrowings from the U.S. Treasury.

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Peter Westerman

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