In November 1910, seven of America’s most powerful men met in secret on Jekyll Island, Georgia. Their mission? Create a central banking system that would control America’s money supply for the next century…
The Chinese Communist Party Is Inside the Fed: Shocking New Evidence of Chinese Infiltration at America’s Central Bank…
A decade-long infiltration campaign by the Chinese Communist Party has penetrated the Federal Reserve—coercing employees, stealing sensitive data, and compromising America’s financial core…
Treasury Secretary Bessent Calls for a Review of ‘the entire’ Federal Reserve
“What we need to do is examine the entire Federal Reserve institution and whether they have been successful,” Bessent said during an interview on CNBC’s “Squawk Box.” “Has the organization succeeded in its mission? If this were the [Federal Aviation Administration] and we were having this many mistakes, we would go back and look at why has this happened.”…
Federal Reserve’s Fiscal Management Shamed over Ballooning $2.5 Billion Office Renovation…
The president and his administration could be laying the groundwork to remove Chairman Jerome Powell for cause…
Federal Reserve Blows $2.5B on ‘Palace of Versailles’ Headquarters Despite Mounting Losses: ‘Congress must put its food down’…
The Federal Reserve is pushing ahead with an eye-watering $2.5 billion revamp of its Washington, DC HQ despite mounting losses — as one ex-official accused central bankers of behaving like French royalty…
Trump Allies Draw up Plans to Blunt Fed’s Independence…
Some Trump advisers argue that the president should be consulted on interest-rate decisions…
Inside the Federal Reserve…
Hidden Camera captures Principal Economist @federalreserve talking about Jerome Powell’s legacy as “somebody who held the line against like, Trump.”…
Fed Chair Powell Telegraphs the Perfect Storm for Wall Street’s Megabanks: Rapid Rate Hikes Hitting $234 Trillion in Derivatives…
The Federal Reserve (the Fed) is the central bank of the United States. It sets monetary policy, including control of the benchmark short-term interest rate known as the Federal Funds rate, or in Wall Street jargon, the “Fed Funds” rate. This is a key rate because it signals the rate at which overnight loans are made between financial institutions and the direction of interest rates in general…
Peter Schiff: We’re in a house of cards that the Fed built…
Economic analyst Peter Schiff, who accurately predicted the 2008 recession said recently that we are not in a bear market. Instead, “we’re in a house of cards that the Fed built.” Schiff is referring to the Federal Reserve, the United States’ central bank that answers to no one, has no competition, and has been responsible […]
Yellen’s Effed up Attack on Working People, Sad by Mike Whitney…
Why did the Fed raise its benchmark interest rate when inflation is still running below the Fed’s target, workers wages have hardly budged and the economy is not even growing at 1 percent? Yellen was asked that question at a press conference on Wednesday following the release of the FOMC’s statement. Her answer helps to […]