
IPFS News Link • Federal Reserve
Top Customer: Under Obama, Fed’s Holdings of U.S. Debt Have Jumped 452%
• CNS NewsOn Jan. 28, 2009, a week after Obama’s nomination, the Fed owned $302 billion in U.S. Treasury securities. On April 25, 2012, the latest date reported, the Fed owned five and a half time that much in U.S. Treasury securities--$1.668 trillion.
That is an increase from January 2009 of $1.366 trillion—or 452 percent.