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After watching the vedio, https://www.youtube.com/watch?v=p0z_zKWJTao please summarize the following questions What were the primary components of the balance sheet of the Federal Reserve prior to

After watching the vedio, https://www.youtube.com/watch?v=p0z_zKWJTao please summarize the following questions

What were the primary components of the balance sheet of the Federal Reserve prior to the 2008 financial crisis? How did Federal Reserve policy response to the 2008 financial crisis and 2020 pandemic alter the makeup of the balance sheet of the Federal Reserve. Explain in detail how/why the Federal Reserve accrues profit or sustain losses.

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