Exhibit j(i)(f) under Form N-1A
                                              Exhibit (23) under Item 60/Reg.S-K







               Consent of Ernst & Young LLP, Independent Auditors


We consent to the references to our firm under the captions "Financial
Highlights" in the Prospectuses and "Independent Auditors" in the Statements of
Additional Information in Post-Effective Amendment Number 60 to the
Registration Statement (Form N-1A No. 33-31602), and to the inclusion of our
reports dated December 12, 2002 on the financial statements of the Alabama
Municipal Cash Trust, Arizona Municipal Cash Trust, California Municipal Cash
Trust, Connecticut Municipal Cash Trust, Florida Municipal Cash Trust, Georgia
Municipal Cash Trust, Maryland Municipal Cash Trust, Massachusetts Municipal
Cash Trust, Michigan Municipal Cash Trust, Minnesota Municipal Cash Trust, New
Jersey Municipal Cash Trust, New York Municipal Cash Trust, North Carolina
Municipal Cash Trust, Ohio Municipal Cash Trust, Pennsylvania Municipal Cash
Trust and the Virginia Municipal Cash Trust, portfolios included in the Money
Market Obligations Trust of Federated Investors for the year ended October 31,
2002.



                                                       ERNST & YOUNG LLP

Boston, Massachusetts
December 19, 2002