Reducing record debt, priority for Trump

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News Date: September 10, 2020

White House says reducing record debt will be big second-term priority for Trump.
The accumulated debt is on track to surpass the size of the entire economy next year for the first time since World War II, and breach its all-time record in the coming years.
On the 2016 campaign trail, Trump promised to wipe out the nation's debt altogether over the course of his presidency.
Sources:thehill.com

Crypto-Currency Act of 2020

US Lawmaker Introduces Crypto-Currency Act of 2020 While Under Coronavirus Quarantine.
The bill clarifies which federal agencies regulate which type of crypto assets. It's crucial that America remains the global leader in cryptocurrency, the lawmaker said.
Source:congress.gov

Trump threatens to fire Fed chair Powell if he doesn't leave in May

🔥 April 15, 2026: Trump threatens to fire Fed chair Powell if he doesn't leave in May. Trump is threatening to fire Jerome Powell if he doesn’t step down on his own 😳
Powell's term expires on 15 May, but he is planning to remain in post until his successor, Kevin Warsh, is confirmed by the Senate.
Even after a successor is confirmed, Trump says he’ll remove Powell if he remains a Fed governor.
🔍 Meanwhile, the investigation into the Fed headquarters renovation is still ongoing.
⚔️ October 28, 2025: President Trump says Fed Chair Jerome Powell will be out in a 'few months.'
Donald Trump is preparing to announce his next Federal Reserve Chair, a decision that could reshape not just U.S. monetary policy — but the global economy.
The finalists:
💼 Christopher Waller – pragmatic insider, favors faster rate cuts
🏦 Michelle Bowman – banking regulator, steady and growth-minded
📈 Kevin Warsh – policy veteran, reform advocate
🤝 Kevin Hassett – loyal Trump adviser, pro-growth voice
💰 Rick Rieder – Wall Street strategist, market stabilizer
With Trump seeking a more aggressive, pro-growth Fed, markets — including crypto — are watching closely. A dovish pick could ignite new rallies, while a cautious one may bring stability but restraint. 🌍
🚨 August 12, 2025: Trump signals he might allow a lawsuit against Fed Chair Powell over costly Fed renovation! 🏛️ He’s doubling down, calling again for rate cuts and threatening legal action. 💥
🕰️ August 1, 2025: Trump posted: “Too Late” Powell should resign, just like Adriana Kugler, a Biden Appointee, resigned. She knew he was doing the wrong thing on Interest Rates. He should resign, also!
🏛️July 21, 2025: Rep. Anna Paulina Luna has referred Fed Chair Jerome Powell to the DOJ for potential perjury, accusing him of lying to Congress about lavish HQ renovations. Powell denied luxury upgrades — but records show a $2.5B project and past full renovations.
Trump, who recently weighed firing Powell, remains critical of his refusal to cut rates. Meanwhile, Treasury Secretary Bessent calls for a broader review of the Fed’s role.
✅ July 16, 2025: According to the New York Times, President Trump reportedly waved a draft letter firing Fed Chair Jerome Powell during a meeting with House Republicans in the Oval Office. He asked them if he should send it. The letter hasn’t been delivered—yet. Powell’s fate may now hinge on political momentum. 🪑🔥
🔥 July 15, 2025: Trump torches Fed Chair Jerome Powell over $2.5B HQ renovations, calling it “disgraceful” and suggesting it’s a fireable offense. 😬 He mocked Powell’s lack of personality and economic judgment, saying, “It’s like talking to a chair.” Trump also claimed he outperformed 69 Fed economists with his predictions 📉📈.
🏛️ July 13, 2025: White House adviser Kevin Hassett says President Trump could fire Fed Chair Jerome Powell if cause is found—possibly tied to the $700 million overrun in Fed HQ renovations.
The administration is pressuring Powell for answers, and some see this as a setup to remove him. Hassett, a possible successor, hinted the decision depends on Powell’s response to a July 10 letter from OMB.
🔥 July 9, 2025: Speculation is growing that Jerome Powell may be planning to resign, following Trump’s call for Congress to investigate the Federal Reserve chief. 👀
💥 June 30, 2025: Scott Bessent says the White House is actively working to select Jerome Powell's replacement in the coming weeks. When asked about stepping into the role himself, Bessent said: “I will do what the President wants.”
🏛 June 27, 2025: President Trump calls for Fed Chair Jerome Powell to resign. Trump: I'd love for him to resign… He’s done a lousy job.
🏦 June 25, 2025: President Trump has begun interviewing candidates to replace Federal Reserve Chair Jerome Powell. "I know within three or four people who I’m going to pick," he stated Wednesday.
🏛️ June 21, 2025: Trump posted: maybe, I’ll have to change my mind about firing him? But regardless, his Term ends shortly!
🏛️ June 18, 2025: President Trump ramps up attacks on Fed Chair Jerome Powell — and half-jokingly suggests appointing himself to lead the Federal Reserve. "I’d do a better job," he quipped, fueling speculation and headlines alike.
🏛️ June 7, 2025: President Donald Trump announced that a decision on the next Federal Reserve chair is coming “very soon.” Speaking aboard Air Force One, Trump reiterated his stance that a strong Fed leader would lower interest rates. Kevin Warsh is seen as the frontrunner, as Trump continues to criticize current Chair Jerome Powell’s rate policy.
May 20, 2025: A reported court ruling has sparked speculation that President Trump could have the authority to remove Federal Reserve Chair Jerome Powell, potentially paving the way for interest rate cuts. However, no official sources confirm this ruling, and legal protections under the Federal Reserve Act suggest Powell’s position remains secure absent misconduct. Stay tuned for verified updates!
President Donald Trump, who nominated Jerome Powell to lead the Federal Reserve in 2017, recently stated he has “no intention” of firing the central bank chair before his term ends in 2026. This marks a shift from Trump’s escalated rhetoric, where he hinted at the unprecedented step of ousting him over disagreements on interest rate policies. Trump’s push for lower rates to counter his tariff-driven economic agenda has clashed with Powell’s warnings of potential inflation and slower growth. Despite the de-escalation, which calmed markets, Trump’s continued pressure suggests the Fed’s independence remains under strain as he tests the limits of his influence.
Trump’s frustration centers on the Fed’s refusal to cut interest rates, which he says hinders growth.
Powell, whose term lasts until May 2026, has stressed the Fed’s independence. Removing him would require proving misconduct, a legal challenge no president has won. The move could test the Fed’s autonomy.

The history of NESARA

On 9 March 2000 the National Economic Security and Reformation Act was passed in a secret joint session of Congress with the walls of the House Chambers lined with Navy Seals and Delta Force.
On October 10, 2000 at gunpoint and surrounded by Special Forces, President Bill Clinton, signed the NESARA bill into law, knowing full well that the Illuminati were in charge, and that this law was never to be enforced. No one wanted to enforce NESARA because this law required the physical and permanent removal from their government positions of all those who had committed treason, which included the US President, VP, Presidential Cabinet, all members of Congress, various government departmental heads, all fifty governors of the fifty states, judges and others.
At 10 am on September 11, 2001 NESARA was to be implemented. However, computers and data of the beneficiaries of the trillions of dollars in "Prosperity Funds" were destroyed on the second floor of one of the World Trade Center towers in New York City during the 9/11 attack. Bush orchestrated the September 11th attacks and the Iraq War as a distraction from NESARA.
To hide NESARA from public view and, thus, to prevent its enforcement by popular demand, the United States Supreme Court placed a gag order on all public officials, the United States military, law enforcement personnel, bankers, attorneys, judges, the media and anyone else, who knew about NESARA and, who might give information about NESARA to the public.
Gradually news of NESARA began to be leaked to the public. A plan was formed to forever delay the enforcement of NESARA. NESARA was embroiled in fictitious legal procedures and court orders by both the United States Supreme Court and the International Court of Justice. To discredit NESARA and spread misinformation a false website was set up by the SU Government under the direction of CIA/FBI personnel. Claims were made that there was no such law as NESARA, that it had no Congressional file number, no sponsors and was only a thought somewhere under consideration.
The public was told through the government that there never was such a bill, it was never acted upon, nor passed by Congress and that the president had never signed it.
Since October 10, 2000 we as a nation have been under our original Constitution of the Republic of the united States of America, but we have not realized it. We have also been under Common Law, but the courts have continued to destroy us with their military law.
Sources: youtube

China will forgive 23 loans for 17 African nations

China has pledged to forgive 23 interest-free loans for 17 African countries and will also provide food assistance to the struggling nations, China's foreign minister Wang Yi said at the Forum on China-Africa Cooperation.
Mr. Wang also announced to increase imports from Africa, support the greater development of Africa's agricultural and manufacturing sectors, and expand cooperation in emerging industries.
Sources: news.com.au

The World toward a multi-currency system

Nations like Russia and China are now leading the charge from a one-currency world to a multi-currency world of import payments.
Russia, for example, can take its energy profits and Rubles to purchase the currencies of friendly countries like China, India, and Turkey to rebuild its reserves outside of the USD.
The old world is slowly but surely turning irreversibly away from a USD-dominated currency system toward a multi-currency and multi-FX pricing model.
Source: goldswitzerland.com