Judy Shelton for Fed board, return to the gold standard

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News Date: July 12, 2020

Senate banking panel to resume considering Judy Shelton for Fed board.
The nomination of Shelton appeared in jeopardy earlier this year as Republicans and Democrats on the banking panel expressed concerns over her views on the independence of the Fed from the White House, as well as her advocacy in the past for returning the United States to the gold standard.
Source: www.washingtonpost.com

Elon Musk questions IRS DOGE audit

Elon Musk recently posted, 'Would you like DOGE to audit the IRS?' After most users voted 'Yes,' he responded with 'Vox Populi, Vox Dei.'
Given Musk's history, such polls often hint at future moves. With his fascination for shaking up the status quo, a poll about the Federal Reserve wouldn't be surprising.
Whether playful or strategic, Musk's polls often spark conversations that challenge traditional financial systems. What's next? We'll likely find out soon.

Trump’s Treasury Chief Guides the Global Financial Reset

May 7, 2025: Treasury Sec. Scott Bessent at House Financial Services Committee: 'We believe the US should be the premier destination for digital assets. Digital assets are an important source of innovation that can drive usage of the U.S. dollar around the world with stablecoin legislation'
Also announced China trade negotiations start Saturday without Navarro, expecting tariff reductions & action on currency manipulation.
April 22, 2025: imf.org - The global economic system under which most countries have operated for the last 80 years is being reset, ushering the world into a new era. Existing rules are challenged while new ones are yet to emerge.
April 23, 2025: Treasury Secretary Scott Bessent announced that the Trump administration will push for reforms at the IMF and World Bank to create a more sustainable global economic system, rather than withdrawing from these institutions.
Speaking at the IMF and World Bank spring meetings, Bessent emphasized stronger U.S. leadership and major institutional changes to restore balance to the global financial system. He criticized the IMF for focusing on climate, gender, and social issues while neglecting accountability for economic reforms in borrowing countries. Bessent stressed that the U.S. seeks to enhance its role in these organizations, provided they adhere to their core missions.

Audit the Fed bill reintroduced

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.

BRICS currency officially announced

The Kremlin has announced the development of a blockchain-based payment system within the BRICS alliance.
Kremlin aide Yury Ushakov emphasized the importance of creating an independent BRICS payment system using modern tools like digital technologies and blockchain, aiming for convenience, cost-effectiveness, and non-political influence.
The focus for the year is to enhance BRICS's role in the international monetary system, with an emphasis on increasing settlements in national currencies and strengthening correspondent banking networks.
Work will continue on the Contingent Reserve Arrangement, particularly focusing on currencies other than the US dollar, as outlined in the 2023 Johannesburg Declaration.

The return of Pluto, US spiritual makeover

Numerology fans, especially those who believe in angel numbers, will know the date in question as it happens on February 22, 2022.
Astrologically, a Pluto return is when the heavenly body returns to the same position in a birth chart where it was when the chart began.
It happens around every 248 years, meaning this is the Pluto return in the United States since the country was founded in 1776.
Pluto will complete a full revolution for the first time since July 4, 1776.
What does the return of Pluto mean? Returning Power Back To the People.
According to the stars, the United States is finally getting a spiritual makeover with its first-ever Pluto Return on Feb. 22, 2022.
It happens around every 248 years, meaning this is the Pluto return in the United States since the country was founded in 1776.
Source: bustle.com