4 ms·The Federal Reserve Now Owns 15 Percent of the U.S. Treasury Market6 points by cinquemb 7y agoapi 7y agoSo we are in debt to ourselves. Better than being in debt to someone else. Yes the Fed is private but congress can change that tomorrow.cinquemb 7y agoAssuming one agrees to the terms of this debt, and who is "ourselves", and is willing to wait on congress to resolve any discrepancies.