**[U.S. National Debt Surpasses $39 Trillion, Buffett Becomes Largest Non-Government Investor]** Golden Finance reports that on April 14, according to data released by the U.S. Treasury in March this year, the total U.S. federal debt has surpassed $39 trillion for the first time. Of this, $31.4 trillion is public debt held by domestic and foreign investors, while $7.6 trillion is intra-governmental debt, primarily generated through programs like Social Security. In terms of public debt, U.S. domestic investors hold $17.7 trillion in U.S. Treasury bonds, nearly double the amount held by foreign investors ($9.3 trillion). Mutual funds and pension funds are the largest public holders, collectively owning $6.6 trillion. The Federal Reserve holds $4.4 trillion in U.S. Treasury bonds, exceeding the combined holdings of the top three foreign creditor nations—Japan, the United Kingdom, and China. Additionally, Warren Buffett, through Berkshire Hathaway, holds U.S. Treasury bonds and is the largest non-government investor. As of the fourth quarter of 2025, his holdings in U.S. Treasury bonds are valued at $339 billion. (Dongxin News Agency)