
IPFS News Link • Federal Reserve
Bernanke Leaves Fed with Record Balance Sheet of $4,102,138,000,000
• http://www.cnsnews.com, By Ali MeyerAs of Feb. 1, 2006, when Bernanke took over as chairman, the Fed’s balance sheet indicated it owned $748,840,000,000 in U.S. Treasury securities. At that time, the balance sheet listed no mortgage-backed securities. As of Jan. 29, 2013, the balance sheet indicated the Fed owned $2,243,176,000,000 in U.S. Treasury securities and $1,532,224,000,000 in mortgage-backed securities.