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The American Bankers Association confirmed ISO20022 migration

Gesara.news » News » The American Bankers Association confirmed ISO20022 migration

News Date: January 6, 2022

The American Bankers Association has confirmed to the Federal Reserve on Monday that it supports a plan to migrate to ISO20022 on a single day but said it has "serious concern" regarding the lack of detail about the plan.
They recommend that the Board and Reserve Banks provide test accounts for financial institutions to use during this process.
They also recommend The Board and Reserve Banks provide the detailed and final ISO standard for their messages on the SWIFT MyStandards site as soon as possible.
Source: www.aba.com

Trump is seriously considering a capital gains tax cut

Donald Trump is considering a capital gains tax cut in an effort to create more jobs.
- We are looking at also considering a capital gains tax cut, which would create a lot more jobs, said Trump Monday during a White House news conference.
Sources:www.youtube.com, bloomberg.com

New Defense Secretary on quick removal of US troops in Afghanistan

New acting Defense Secretary Christopher Miller has hired a senior adviser that has frequently pressed for the quick removal of U.S. troops in Afghanistan, the Defense Department confirmed on Wednesday.
Sources: thehill.com

WH can take executive action on the stimulus anyway

Congress could agree on the stimulus package deal Friday but Trump floats executive action even if stimulus deal is reached.
White House is finalizing a series of executive orders addressing key coronavirus stimulus priorities if negotiations with Congress fall apart.
"I wouldn't be surprised that, if something gets left off the table, we'd be like "we can take this executive action too and be able to win on it anyway," one official said.
Sources:www.cnet.com, www.axios.com

Germany Basic Income of $1,400 every month experiment

As part of the study, 120 people will receive E1,200, or about $1,430, each month for three years - an amount just above Germany's poverty line - and researchers will compare their experiences with another group of 1,380 people who will not receive the payments.
Source:themindunleashed.com

Gold Standard hinted by the US Debt Clock

While gold hit a new all-time high, the US Debt Clock displayed an interesting new message:
James Madison: "History records that the Money Changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance."
The Fed, IMF, and World Bank are crossed out!
Under these, it is suggested that "Debt free currency", the gold and silver standard will be active.
See also: FED takeover hinted by the US Debt Clock

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