Bloomberg reporting closed the loop today on Saudi Arabian Foreign Minister Adel Al-Jubeir's ridiculous claim that the country holds $750 billion in U.S. assets. In response to Bloomberg's Freedom of Information Act request, the U.S. Treasury divulged Saudi holdings of U.S. securities as of last June. In addition to the granularity on Saudi's Treasury holdings that I discussed in this column, the Treasury today disclosed Saudi holdings of other securities including stocks and asset-backed securities as of June 2015.
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