Audit the Fed bill reintroduced
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News Date: January 28, 2024
U.S. Senator Rand Paul (R-KY) has reintroduced the Federal Reserve Transparency Act, also known as the "Audit the Fed" bill, aiming to prevent the Federal Reserve from withholding vital information on its operations from Congress.
Paul contends that the inner workings of the Federal Reserve are currently obscure and largely unknown, and he believes that increased transparency is crucial for better understanding and oversight.
The legislation underscores the importance of making the Federal Reserve more accountable to Congress and the public, ensuring that its decision-making processes and financial transactions are subject to thorough scrutiny.
"No institution holds more power over the future of the American economy and the value of our savings than the Federal Reserve. It's long past time for Congress to stop shirking its duty and hold the Federal Reserve accountable.
The Fed's persistent cycle of money printing and lending without any form of meaningful oversight may be the cause of many of our economic hardships, such as the struggle of many Americans to afford food."
he stated.
China imports gold to revive an economy
China's net gold imports via Hong Kong jumped to a nine-month high in July, data showed on Thursday, with banks snapping up bullion as Beijing works to revive an economy.Net imports stood at 48.773 tons in July, compared with 40.563 tons in June.
Total gold imports via Hong Kong were up nearly 23.7 percent to 53.91 tons.
Source: reuters.com
US Debt Relief: Creditor Law Group Wipes Out $1B+
Creditor Law Group has made a significant impact by nullifying over $1 billion in debt for households across the US, providing relief amidst record-high levels of household debt.As the popularity of debt relief options such as debt invalidation grows, the complex process offers relief by challenging the validity of debt.
Optimal results are achieved by working with specialized lawyers in this field.
"One common method to invalidate debt is to challenge the validity of the related documentation.
During reviews of the relevant paperwork, we have often found that important information is either missing or incomplete.
Sometimes, a creditor may lack the proper documentation to prove that the debt is valid.
In certain cases, debt invalidation can be based on violations of consumer protection laws, as when a creditor engages in unfair or deceptive practices.
Typical violations include harassment by debt collectors, misrepresentation of the amount owed, or unauthorized charges."
Creditor Law Group explains.
GESARA hints in Trumps speech at UN General Assembly
Remarks by President Trump to the 75th Session of the United Nations General Assembly:We will enter a new era of unprecedented prosperity, cooperation, and peace.
For decades, the same tired voices proposed the same failed solutions, pursuing global ambitions at the expense of their own people. But only when you take care of your own citizens will you find a true basis for cooperation. As President, I have rejected the failed approaches of the past, and I am proudly putting America first, just as you should be putting your countries first.
I am supremely confident that next year, when we gather in person, we will be in the midst of one of the greatest years in our history - and frankly, hopefully, in the history of the world. Thank you. God bless you all. God bless America. And God bless the United Nations.
Sources:www.whitehouse.gov, twitter.com/realDonaldTrump
China astounding Gold reserves to be revealed in CDBC announcement
China hoarded an enormous amount of the precious metal.China Gold reserves to be revealed in Central Bank Digital Currency announcement that threatens U.S. currency hegemony.
It is expected a major announcement of Chinese gold holdings that would astound most analysts would probably be accompanied with any Central Bank Digital Currency release and mention of gold backing.
Source: asiamarkets
The End of the Dollar Empire
Gazprom says it has signed a deal for China to pay for Russian gas in national currencies.Russia's Gazprom said on Tuesday it had signed an agreement to start switching payments for Russia's gas supplies to China to yuan and roubles instead of dollars.
Sources: reuters.com


