Trump middle-class tax cuts benefit confirmed

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News Date: December 8, 2021

Despite what media and Dems say, Trump's tax cuts benefited the Middle Class the most according to IRS data.
Most middle-income and working-class earners enjoyed a tax cut that was at least double the size of tax cuts received by households earning $1 million or more.
The Tax reform provided the greatest benefits for the middle-income class and spurred economic growth that helped reduce poverty and improve prosperity.
Source: thehill.com

FedNow Approved. Interoperability with private-sector ASAP

The Board of Governors of the Federal Reserve System (Board) has approved the FedNow Service.
The Federal Reserve is committed to using widely accepted standards in designing the FedNow Service to aid in accomplishing the key goals of achieving nationwide reach for instant payments and promoting interoperability with the existing private-sector service. To support these goals, the service will use the widely accepted ISO 20022 standard.
The Federal Reserve intends to launch the FedNow Service as soon as practicably possible. Although the target release date remains 2023 or 2024.
Sources:www.federalregister.gov, www.pymnts.com

Trump vows 'transition to greatness' in meeting with GOP lawmakers

"We're going into transition," Trump said at the beginning of the meeting. "I call it transition to greatness. It's going to be a transition to greatness, because we're going to do something very fast and we're going to have a phenomenal year next year."
Source:youtube.com

The Reserve Bank of India has increased its gold reserve

There was a sharp jump in the foreign currency assets and gold reserves.
All components in forex reserves climbed with gold reserves outperforming foreign currency assets (FCA) in the week.
RBI announced key measures that are likely to protect the Indian rupee at the interbank forex market and further drive the reserves.
The value of gold reserves rose by $1.140 billion to $39.642 billion during the week ended July 29.
This is the highest monthly purchase since September 2021.
Sources: livemint.com

Gold rises despite global stocks tumble

Gold head higher on Monday, as global markets face significant declines.
Gold Experts have already pointed out that the gold price will rise in the long term.
Inflation, government debt, and negative real interest rates are the main reasons for the rising of gold prices.
The world will finally realize why Gold and Silver were always the answer to prosperity.
Everything paper will take massive haircuts in the near future while Gold and Silver rise to new heights.

Emergency Alert System reminder

The US Federal Communications Commission, Enforcement Bureau, Reminds EAS Participants of Compliance Obligations.
FCC issues enforcement advisory reminding Emergency Alert System participants of compliance obligations, including ensuring alerts are accessible to people with disabilities.
The storm is upon us. We are ready now!
Details: www.fcc.gov