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The federal government held $223 billion in corporate equity at the beginning of 2009; this had fallen to $67.4 billion at the end of that year. [22] These figures do not include federal government retirement funds. Federal government retirement funds held $1.3 trillion in assets at the end of 2009. [25]
The United States Merit Systems Protection Board is an independent U.S. federal government agency whose function is to protect career civil service employees from arbitrary firings. In February 2025, Trump removed a Democratic member of the board, Cathy Harris, who had served three years of her term, and demoted the other Democratic member. [ 104 ]
These are assets of the sovereign nations which are typically held in reserves domestic and reserve foreign currencies such as the dollar, euro, pound sterling and yen. The names attributed to the management entities may include state-owned (federal, state and provincial) central banks, national monetary authorities, official investment ...
The US government’s debt has topped $34 trillion for the first time, just weeks ahead of deadlines for Congress to agree to new federal funding plans.
Section 201 of the Social Security Act requires that the money in the trust funds be invested in interest-bearing debt securities issued and guaranteed by the federal government known as U.S ...
The United States has the largest external debt in the world. The total amount of U.S. Treasury securities held by foreign entities in December 2021 was $7.7 trillion, up from $7.1 trillion in December 2020.Total US federal government debt breached the $30 trillion mark for the first time in history in February 2022. [7]
Over the past six weeks, federal workers have watched in horror as young software engineers, most many with no experience in government, have sauntered into their offices with a mission to sniff ...
The United States federal budget consists of mandatory expenditures (which includes Medicare and Social Security), discretionary spending for defense, Cabinet departments (e.g., Justice Department) and agencies (e.g., Securities & Exchange Commission), and interest payments on debt.