Global Financial System

House Passes Anti-Central Bank Digital Currency Bill

The House of Representatives passed a bill prohibiting the government from creating a central bank digital currency (CBDC).

Presidential Candidate RFK Jr. Sounds Alarm on U.S. Introducing, Centralizing Digital Currency

Central Bank Digital Currencies (CBDCs) "grease the slippery slope to financial slavery and political tyranny," says Kennedy.

Treasury Secretary Janet Yellen Calls House Republicans ‘Irresponsible’ For Wanting Spending Cuts Amid Debt Ceiling Battle

Treasury Secretary Janet Yellen asserted on Saturday that House Republicans attempting to negotiate spending cuts amid the renewed debt ceiling battle are “very irresponsible.”

Britain’s New China-Backed Prime Minister Rishi Sunak Linked to WEF, Pushes Social Credit System

Sunak's father-in-law is the founder of Infosys, an official partner of the World Economic Forum (WEF) thought to be connected to the development of the social credit system.

Biden Plan to Combat Corruption Includes New Real Estate Rules

The White House’s new plan to combat corruption—both domestically and overseas—seeks to, among other things, add new regulations on the real estate industry.

Outrage Builds Over Expansion of IRS Reach

Financial experts are pushing back against the Biden administration's proposal to include a provision in the $3.5 trillion spending bill to extend  the IRS' reach to have bank transactions over $600 reported. The Democrats’ goal is to garner $463 billion in additional personal income tax over the next decade.

Pandora papers: biggest ever leak of offshore data exposes financial secrets of rich and powerful

Millions of documents reveal offshore deals and assets of more than 100 billionaires, 30 world leaders and 300 public officials.

Basel III & CBDCs: The Seismic Changes Facing The Global Financial System

The role of commercial banks in the global economy is changing, with lending to governments and their agencies now more important than lending to goods and services industries. It is a trend which is due to continue.

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