The FBI always wanted their informants to take down people ranked higher than them within the family. As they explained to Junior in Season 1, they wanted Junior to testify against Tony, so that Tony could testify against Johnny Sac, and then Johnny could testify against Carmine and bring down their entire family.
So it would stand to reason that the FBI would want Raymond to gather info on Tony, as well as the other capos, so they could take down the entire Soprano family. And after 7 years he should have had something for them. And if he didn't they would cancel their deal and send him to prison.
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