FED Rigged the Game... And, they got caught
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News Date: September 27, 2021
Dallas Fed President Kaplan to retire early on Oct. 8, citing trading disclosure distraction.
Boston Fed President Eric Rosengren To Retire After Ethics Issue.
Rosengren retires because of health issues. From a week ago: He made as many as 37 separate trades in the four REITS while the Fed purchased almost $700 billion in mortgage backed securities.
Federal Reserve Chairman Jerome Powell has ordered a review of ethics rules for the central bank after an outcry over officials owning individual securities.
Fed Chief Powell, other officials owned securities central bank.
Sources: www.cnbc.com,
www.zerohedge.com
Huge NESARA vows in Trumps tweets
President Donald Trump tweets on October 05, 2020:BIGGEST TAX CUT EVER, AND ANOTHER ONE COMING.
MASSIVE REGULATION CUTS.
BETTER & CHEAPER HEALTHCARE.
PEACE THROUGH STRENGTH (BRING OUR SOLDIERS HOME).
PRO LIFE!
SPACE FORCE.
Sources:twitter.com, www.foxbusiness.com
Multichain integrates XRP Ledger
Multichain is supporting XRP Ledger (XRPL) for cross-chain connection with EVM and non-EVM compliant blockchains.Multichain was born as Anyswap on the 20th July 2020 to service the clear needs of different and diverse blockchains to communicate with each other.
As a cross-chain infrastructure, Multichain facilitates interoperability across different networks and enables seamless transfers of assets and values.
With a constantly growing family of non-EVM and EVM chains (now 39), Multichain is the leader in the cross-chain field.
Its sustained daily volume of more than $200 million, its Total Value Locked in excess of $6 billion, and its thousands of daily users are testament to its popularity and security.
Source: medium.com
G-20 Plans Extraordinary Meeting to Discuss Debt Relief
Finance ministers and central bankers from the worlds largest economies plan to hold an extraordinary meeting on November 13 to discuss bolder action to help poor nations struggling to repay their debts.The meeting could mark the next phase in the global debt-relief drive-by bolstering coordination between government creditors over how to restructure the debts of poor economies hit hard by the coronavirus pandemic.
Sources: finance.yahoo.com
Basel IV Regulations Impact for Banking Industry
Basel IV Rules Will Arrive and Complicate Bank Lives Even Further.New Banking Rules Will Tighten Credit Standards, according to Morgan Stanley.
According to Morgan Stanley analysts, the Fed will issue new bank capital regulations between late May and early July, which will be followed by a comment period and a final rule that will be implemented gradually between 2025 and 27.
For their US Large-Cap Banks coverage, they anticipate that the implementation of this Basel IV, often known as the 'Basel III Endgame,' will result in increased risk-weighted assets (RWAs) and capital requirements, with a focus on Global Systemically Important Banks (GSIBs).
The name 'Basel' comes from the city of Basel in Switzerland, where the Basel Committee on Banking Supervision was established in 1974.
The committee is made up of representatives from central banks and regulatory authorities from around the world, and its primary goal is to promote international financial stability by developing and promoting supervisory standards and guidelines for the banking industry.
Space Force launches Orbital Prime program
Space Force launches 'Orbital Prime' program to spur the market for on-orbit services.Orbital Prime launches to spur government and private investment in on-orbit servicing, assembly, and manufacturing (OSAM) technologies.
Sources: spacenews.com