Ripped From The Headlines, January 12, 2024 - BREAKING NEWS
The SEC Is Set to Approve the United Nations Natural Asset Companies, And The Big Banks Are Set To Sue The Fed - Read, Share, & Subscribe - SherlocExposes.com
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BREAKING: The SEC Is Set to Approve the United Nations Natural Asset Companies
Frank Gaffney joined Kevin Freeman to alert about a very serious national security issue happening on Wall Street.
Recently the New York Stock Exchange went to the SEC and basically said, "Hey, we want to change all of the history and all of the rules that we've had in this nation for 200-plus years. And really, from the very beginning of the definition of what a corporation is, we want to change it so we can financialize nature and make a little profit off what trees do and what grass does and things like that."
This is a total scam, but it's being foisted upon us by the World Economic Forum, the United Nations, Wall Street, and our government. Please watch this critical special report.
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Click Here to read the full article.
“Big banks have hired one of the country’s top trial lawyers and are preparing to sue the Federal Reserve — a nearly unthinkable challenge — if sweeping new industry regulations aren’t watered down.
Eugene Scalia, the son of the former Supreme Court justice and a well-known conservative litigator, is quietly drawing up a lawsuit seeking to block the proposed rules on behalf of the Bank Policy Institute, a trade group that represents JPMorgan, Citibank, Goldman Sachs, and others, people familiar with the matter said. It would be the first time in recent memory that the industry has sued the Fed, and a departure from standard halls-of-power persuasion efforts that try to avoid antagonizing its chief regulator.
The stakes are high: Banks warn they’ll pull back from lending, particularly to small businesses and borrowers with lower incomes or credit scores. Some of that is posturing, but the rules would eat into bank profits, pushing them in some lines of business below the returns they have promised shareholders.
Testifying in front of Congress last month, the CEOs of the biggest banks criticized the proposal in a tone so confident it bordered on condescension. ‘It makes no sense,’ said Morgan Stanley’s James Gorman, who stepped down last week.
The rules, called Basel Endgame, are the result of more than a decade of efforts by global bank regulators to harmonize patchwork rules that had sprouted up over decades and were further balkanized in varying responses to the 2008 crisis. Michael Barr, the Fed’s top cop, says that even 15 years later, U.S. banks still aren’t prepared for a financial shock.
THINGS TO PONDER:
Please make sure to read the entire article.
Once you do, keep in mind that the same groups who have caused issue after issue with the financial system appear to be bucking against rules that would be designed to keep them from doing it…
Next, Click Here to review Ripped From The Headlines’ coverage of the banking crisis.
Finally, listen to this power half-hour on the Officer Tatum Show with Carl Jackson:
Brace For Impact.
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