The Social Security trust fund owns a lot, but so do private pension funds, state pension funds, insurance companies, mutual funds, etc. I've never heard that before, ever. Since the financial crisis of 2008, the Federal Reserve has sent more money to the government than it has received in interest payments on Treasury securities. Do you know what the Board of Governors of the Federal Reserve System is? Relevant: http://tubeunblock.com/watch?v=WIZZDUTbhNk. So less than ½ of 1% of income tax goes to the Federal Reserve. It either decreased or was steady at other times. The Federal Reserve is literally owned by the nation's commercial banks, with a rotation of the regional Reserve Bank presidents constituting 5 of the 12 voting members of the Federal … We are waking up. 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