Treasury Secretary Bessent urges full Fed review, seeks to strip its power
Gesara.news » » Treasury Secretary Bessent urges full Fed review, seeks to strip its power
Date: September 6, 2025
Treasury Secretary Scott Bessent calls for a full, independent review of the Federal Reserve 🏦 — aiming to reclaim control and limit bond-buying programs to real crises only ⚡.
🔹 Fed criticized for “mission creep” and “institutional bloat”
🔹 Banking supervision could be shifted to other agencies
🔹 Markets may face volatility 📉, borrowing costs could rise 💵
đź’ˇ What this means:
The dollar’s dominance may be challenged, the Fed’s independence questioned, and a historic shake-up could be coming 🌍.
Independent Financial System planned by Russia and the Islamic world
Russia and the Islamic countries talk about the creation of an independent financial system and de-dollarization.According to Alexey Overchuk, deputy prime minister of Russia, Russia is in conversation with countries in the Islamic world about current global changes, particularly the de-dollarization processes.
Alexey Overchuk mentioned the de-globalization processes, the shift of industrial output, the fall of Western investment in the Global South, and the concerns with energy and food security among other things on the agenda.
"Of course, our relations with Islamic countries are influenced by global shifts that are taking place and global trends.
We are talking about processes of de-dollarization and the creation of an independent financial system.", Overchuk stated, through a TASS report.
Developing the BRICS currency
BRICS Group Works On A New Form Of Currency, looking At Basing Financial Reserves On A Basket Of Their Own Currencies.State Duma Deputy Chairman Alexander Babakov said Thursday the BRICS alliance is actively engaged in developing its own currency and is set to present its proposals at the upcoming summit in August.
Putin suggested a new global reserve currency backed by hard assets and BRICS countries accumulated a great amount of gold.
Zimbabwe introduces new digital currency backed by gold
Zimbabwe to create new digital currency backed by gold.As part of efforts to stabilize the local currency, the Reserve Bank of Zimbabwe (RBZ) is preparing to launch a digital currency backed by gold that will be accepted as legal tender for transactions in the nation.
The RBZ will take the first steps toward using the nation's gold reserves to anchor the Zimbabwe dollar with the introduction of the digital gold tokens, a kind of electronic money backed by gold stored at the RBZ.
TRUMPSARA: The Great Awakening?
Donald Trump Tweet: All-time Stock Market high. The Vaccine and the Vaccine rollout are getting the best of reviews. Moving along really well. Get those "shots" everyone! Also, stimulus talks looking very good.The Great Awakening?
The SHOT heard around the world?
The Vice Presidents vaccine event will take place at 8:00AM in EEOB 350 and will be covered by pool press only.
Gematria decode: Moderna Vaccine = Trumpsara
Stay Tuned!
Sources: twitter.com, twitter.com, www.gematrix.org
The largest tax and regulation cuts in history
Donald Trump: With your help, we carried out the largest tax and regulation cuts, by far, in American history. And they now want to quadruple tax us, and they want to quadruple, and beyond, the regulation cuts. And when we say "tax" and we say "regulation" and you say, Oh, tax cuts. That's so wonderful, - but the people in this room that are the heads of industry - you have some very powerful people in this room - they know that the regulation cuts may have been even more important than the biggest tax cuts we've ever had.Source:twitter.com/WhiteHouse


