BanksterCrime: By Nikhilesh De The U.S. House of Representatives voted largely along party lines to preventthe Federal Reserve from issuing a central bank digital currency. The CBDC Anti-Surveillance State Act, introduced by Majority Whip Tom Emmer (R-Minn.), seeks to block…

3/1/24: The Fed Pretends to Send a Warning to Wall Street’s Mega Banks on Derivatives and Counterparty Risk

BanksterCrime: By Pam Martens and Russ Martens: On Tuesday, the Vice Chair for Supervision at the Federal Reserve, Michael Barr, delivered a speech at a risk management conference in Manhattan. Barr’s objective was to convince conference attendees that the Fed has its…

1/25/24: Robert Kaplan Was Heavily Trading on May 1, 2020; One Day After a Fed Blackout Period and the Same Day He Made a Shocking Prediction on TV

By Pam Martens and Russ Martens: Robert Kaplan, Former President of the Dallas Fed To read main stream media headlines, one would think that the Federal Reserve Inspector General’s Office has exonerated former Dallas Fed President Robert Kaplan of any legal action…

Deep Dive into the Dark Side of Banking and Its Handmaiden, Central Banks, Its All Build On Thin Air

By Pam Martens and Russ Martens: January 9, 2024 ~ Last September, speaking at a conference sponsored by the nonprofit watchdog, Better Markets, to examine if “too big to fail” banks had materially changed in the fifteen years since the 2008 financial…

These Charts Show Why the Fed Is Terrified to Stop Raising Interest Rates and Why NASDAQ Is Ripping Higher

By Pam Martens and Russ Martens: July 5, 2023 ~ The top chart above shows one of the most erratic eras in Federal Reserve policy-making history. In the 70s and early 80s, the Fed would slam on the brakes to bring…