Independent · Nonpartisan · Not a government website Not a government website @FED_POLICY
FEDPOLICY.ORG
Plain-language explainers on federal economic and legislative policy
Daily brief · 2026-09-17 to 2026-09-18

Daily brief: September 17, 2026

2 releases in the September 17, 2026 editor's cut: H.4.1; and Total public debt outstanding was $40.094 trillion on September 16. Each has its own page.

Researched by Grok, checked against each source by an automated pass, edited by Clem Ziroli III. Published Sep 17, 2026, updated Nov 1, 2026.

On their own pages

  • H.4.1: reserve balances averaged $3.014 trillion in the week ended September 16

    The Federal Reserve Board H.4.1 Factors Affecting Reserve Balances dated September 17 shows reserve balances with Federal Reserve Banks averaging $3,013,794 million in the week ended September 16, up $22,484 million from $2,991,310 million in the week ended September 9. The Wednesday level was $2,921,536 million. U.S. Treasury securities held outright were $4,554,450 million on Wednesday, September 16, up $2,113 million from September 9. The Treasury General Account was $991,708 million that Wednesday. Securities held outright were $6,470,320 million.

  • Total public debt outstanding was $40.094 trillion on September 16

    Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40,094,080,427,790.97 dollars as of September 16, compared with 40,114,445,691,166.84 dollars on September 15. Debt held by the public was 32,406,353,922,774.30 dollars, compared with 32,406,391,951,586.01 dollars on September 15. Intragovernmental holdings were 7,687,726,505,016.67 dollars, compared with 7,708,053,739,580.83 dollars on September 15. The one-day decline of 20,365,263,375.87 dollars was almost entirely in the intragovernmental account.

4 further items were researched for this day and held back: their figures could not be found at the named source by the automated pass, so they are not published here.

Items report what the named sources published in the window; they are not this site's own findings, and a source's framing is not a verdict on who owns the money supply. Figures are as those sources printed them. The methodology says how this page is made and what is checked.