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Keyword: banks

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  • ‘A Win for Freedom’: Jim Jordan Celebrates as Major Banks Leave $68 Trillion UN Climate Alliance

    02/18/2024 8:30:32 AM PST · by SaxxonWoods · 18 replies
    MSN ^ | 2/17/2024 | Vina Paula
    State officials have threatened legal action against nonprofit climate alliances and banks’ participation, highlighting the contentious relationship between environmental initiatives and economic interests.
  • Recession In Mid 2024? Bank Credit And Deposit Growth NEGATIVE After The Stimulus Has Worn Out (EU Ordered To Accept 75 Million More Migrants)

    02/17/2024 5:33:23 AM PST · by Kaiser8408a · 17 replies
    Confounded Interest ^ | 02/17/2024 | Anthony B. Sanders
    This headline from Zero Hedge makes me so glad I have eaten heart-healthy Quaker Oats and Cheerios every morning for the last 20 years! Study Finds 80% Of Americans Exposed To Fertility-Lowering Chemicals In Cheerios, Quaker Oats. The chemical (chlormequat chloride) was detected in “92 percent of oat-based foods purchased in May 2023, including Quaker Oats and Cheerios.” But that was nothing compared to this Zero Hedge headline: EU “Suicide Pact” Threatens To Flood Continent With 75 Million More Migrants. Makes me wonder if Biden/Mayorkas are under orders from the UN/WEF/Soros to let immigrants pour across our southern border (including...
  • Report – Biden Officials: ‘MAGA,’ ‘Trump’ Used for Banks to Surveil Private Transactions After January 6 Protests

    02/10/2024 3:53:17 PM PST · by ChicagoConservative27 · 11 replies
    Breitbart ^ | 02/10/2024 | Amy Furr
    President Joe Biden’s (D) administration has reportedly admitted what terms were used when federal investigators wanted banks to surveil Americans’ financial transactions after the January 6, 2021, protests. According to Fox News, the outlet obtained a letter wherein the government admitted that “MAGA,” “Trump,” and “Kamala” were among the terms, the news source said Friday.
  • "It Has To Be Done": After Court Victory For Freedom Convoy, Canadians Ready To Sue Federal Government, Banks and the Police

    02/09/2024 9:12:44 PM PST · by SeekAndFind · 6 replies
    Epoch Times ^ | 02/09/2024 | Matthew Horwood
    Several Freedom Convoy protesters, buoyed by a recent victory in Canadian federal court, said they’re preparing to sue the federal government, banks, and the police that brought the 2022 protest to a heated end.(Illustration by The Epoch Times, Getty Images, Shutterstock)“I think it’s the second phase to what took place with the federal court case,” military veteran and plaintiff Eddie Cornell said. “We’ve got a big hill to climb, but it’s something that’s necessary. It has to be done.”On Jan. 23, Federal Court Justice Richard Mosley issued a ruling against the federal government’s invocation of the Emergencies Act in response...
  • After Court Victory for Freedom Convoy, Canadians Ready to Sue

    02/09/2024 6:06:30 PM PST · by george76 · 5 replies
    Epoch Times ^ | February 07, 2024 | Matthew Horwood
    Following a federal court ruling against the Canadian government for using the Emergencies Act during the trucker convoy, several plaintiffs plan to sue.. Several Freedom Convoy protesters, buoyed by a recent victory in Canadian federal court, said they’re preparing to sue the federal government, banks, and the police that brought the 2022 protest to a heated end. “I think it’s the second phase to what took place with the federal court case,” military veteran and plaintiff Eddie Cornell said. “We’ve got a big hill to climb, but it’s something that’s necessary. It has to be done.” On Jan. 23, Federal...
  • U.N. 'secretly working with banks' to destroy American food industry

    02/06/2024 10:19:12 PM PST · by george76 · 74 replies
    WND News Center ^ | February 5, 2024 | Bob Unruh
    Farmers not sufficiently 'woke' can have accounts shut down without notice.. Farmers are under attack in multiple food-producing nations now... empty stores in France, where a climate agenda threatened the production processes for farmers, and they more or less staged a strike. ... And just recently, in Germany, farmers blocked highways in protest over costly and unnecessary agriculture policies. Now, however, there's a new campaign against farmers, in which the United Nations works with banks to debank the food producers, closing their accounts and not allowing them to operate their businesses. ... officials from 12 U.S. states have sounded an...
  • Bank Crash 2.0 Incoming? Another Bank On The Verge Of Collapse — Death Candle — Trading Halted!

    02/01/2024 6:17:51 AM PST · by Red Badger · 54 replies
    100% Fed Up ^ | Jan 31, 2024 | Staff
    Heads up folks… I’ve been on my soapbox sounding the alarm about the banking system for the past several months. We had 6 banks crash and collapse last year in 2023 and many thought the Banking Crash was over. I kept telling you it wasn’t. I kept telling you I feared that was just the prelude. This is one of those times I wished I was wrong, but it’s not looking like I will be. In fact, it’s looking like the Bank Crash 2.0 is right around the corner. Here’s what’s happening right now as I type this: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\\\
  • US Bank, Wells Fargo, Bank of America, Citizen, Chase and PNC are shutting hundreds of branches a year - here is what to do if your bank closes

    02/01/2024 6:36:48 AM PST · by Red Badger · 47 replies
    Daily Mail UK ^ | 19:45 EST, 31 January 2024 | NEIRIN GRAY DESAI - CONSUMER REPORTER
    Banks are shutting hundreds of branches a year - this month some 41 closures were announced in a single week and among those affected were nine US Bank locations. Bank of America, Chase, PNC, Citizen, Capital One, First National Bank of Pennsylvania and Huntington also said they were axing branches. Such closures deal a huge blow to customers looking to visit in person to submit a document, make a withdrawal or deposit, cash in a check or simply run through their finances with a trusted bank manager. Others, particularly the elderly, may struggle with accessing banking services online due to...
  • Canada’s elite colluded against the Freedom Convoy truckers — just as America’s elite have colluded against us

    01/29/2024 6:06:23 PM PST · by george76 · 10 replies
    New York Post ^ | Jan. 29, 2024, | Glenn H. Reynolds
    His critics call him Prime Minister Zoolander after the vacuous male model in the movie of the same name. But Canada’s Justin Trudeau is someone much more sinister. That’s been obvious ever since the PM turned the federal government’s power on the COVID-mandate-protesting truckers of Canada’s Freedom Convoy in 2022, jailing them, seizing their rigs and even shutting down their bank accounts (“debanking,” as it’s known) — though that last came to a swift end when enough Canadians withdrew their money to threaten a bank run. We were told the truckers were “right-wing extremists,” probably racist and possibly agents for...
  • Famed financial analyst Richard X. Bove predicts the fall of the US economy and says China will take over as the money superpower in his final forecast ahead of his retirement: 'The dollar is finished as the world's reserve currency'

    01/29/2024 9:51:30 AM PST · by george76 · 43 replies
    DAILY MAIL ^ | 29 January 2024 | LAURA PARNABY
    The recently-retired banking oracle - who forecast the 2008 housing crisis - made the dramatic prediction this week.. Bove, 83, claimed other analysts won't make the same admission because they're 'monks praying to money' who rely on the mainstream financial system.. It comes despite the collapse of its property sector, which accounts for roughly a quarter of the country's economy, and US growth ... China will soon overtake the American economy and the US dollar will catastrophically collapse, according to famed financial analyst Richard X Bove. In a characteristically histrionic forecast, the recently-retired 83-year-old banking oracle has announced that 'the...
  • Billionaire CEO sees $1 trillion in commercial real estate defaults coming for ‘very, very ugly market’ over next 2 years

    01/24/2024 8:40:29 AM PST · by george76 · 41 replies
    Yahoo ^ | January 22, 2024 | Will Daniel
    Rising interest rates, the remote work trend, and the dominance of e-commerce sellers have combined to hammer the commercial real estate market over the past few years. Sky-high office and retail space vacancies are plaguing owners in this new environment, rents are plummeting, and borrowing costs have soared. As a result, U.S. commercial real estate prices have fallen 11% since the Federal Reserve began raising interest rates in March 2022, the IMF reported last week, the worst decline in over 50 years. The outlook for the sector is now so bleak that Cantor Fitzgerald’s billionaire chairman and CEO Howard Lutnick...
  • Rantz: Democrats try to bankrupt gun shops with ‘insurmountable’ fees

    01/23/2024 7:16:02 PM PST · by Uncle Miltie · 32 replies
    My Northwest ^ | 1/23/24 | Jason Rantz
    Washington State Democrats are defining the 2024 legislative session as an all-out war on gun rights. They are not only trying to impose licenses on gun ownership and a per-bullet tax. Now, far-left lawmakers are trying to put gun shops out of business with insurmountable, frivolous costs under the lie that it’s about public safety. What they’re asking for is not possible, and that’s the point. Federal Firearms Licensed (FFL) shops are subject to intense regulation, requiring significant investments in security under penalty of loss of license, business-ending financial punishments, and jail time. HB 2118 would completely upend the high...
  • Federal Government Wants Banks to Report: Did you buy at Bass Pro or at the Bible Book Store?

    01/23/2024 8:51:32 AM PST · by John Leland 1789 · 48 replies
    U.S. Congress ^ | January 23, 2024 | John Leland 1789
    Ohio Republican Congressman Jim Jordan says, "We now know the federal government flagged terms like “MAGA” and “TRUMP,” to financial institutions if Americans completed transactions using those terms. "What was also flagged? If you bought a religious text, like a BIBLE, or shopped at Bass Pro Shop."
  • Federal Investigators Demanded Banks Search Private Transactions for Words Like ‘MAGA,’ ‘Trump’

    01/19/2024 6:29:11 AM PST · by MtnClimber · 21 replies
    American Greatness ^ | 18 Jan, 2024 | Eric Lendrum
    On Wednesday, the Republican majority on the House Judiciary Committee revealed even more drastic examples of government surveillance and breaches of privacy in the aftermath of the peaceful protest on January 6th, including the searching of Americans’ private bank transactions. According to Fox News, the Judiciary Committee and the subcommittee on the Weaponization of the Federal Government described their latest findings in a letter obtained by Fox. The letter states that investigators ordered banks to search through their customers’ private transactions for key terms such as “MAGA” and “Trump,” while also claiming that the purchasing of “religious texts” were a...
  • Feds urged banks to flag purchases of religious texts, 'MAGA' transactions, House committee says

    01/19/2024 7:58:52 AM PST · by SeekAndFind · 8 replies
    Christian Post ^ | 01/19/2024 | CP Staff
    A U.S. House of Representatives Judiciary subcommittee is seeking to question a former official in the U.S. Treasury's financial crimes enforcement office over revelations the agency urged financial institutions to flag customer transactions linked to phrases like "MAGA" and "Trump" as well as purchases of religious texts. Rep. Jim Jordan, R-Ohio, chair of the House Subcommittee on the Weaponization of the Federal Government, sent a letter Wednesday to Noah Bishoff, the former director of an office in the Treasury's Strategic Operations Division of Financial Crimes Enforcement Network. Requesting a transcribed interview with Bishoff, Jordan stated that the subcommittee obtained documents...
  • Biden Administration Could Limit Bank Overdraft Fees To As Little As $3—Here’s Why

    01/18/2024 8:25:08 AM PST · by SeekAndFind · 51 replies
    Forbes via MSN ^ | 01/18/2024 | Ana Faguy
    The Consumer Financial Protection Bureau is pushing to reduce the overdraft fees Americans are charged at banks and credit unions when they don’t have enough money in their accounts to cover spending, which could save customers $3.5 billion a year, the latest in a string of crackdowns on fees by the Biden Administration. Key Facts Under a new proposed rule, large financial institutions could either charge a flat fee for overdraft payments that aligns with the service’s cost, or provide the same disclosures and protections for overdraft services that are required for credit cards and other loans. If banks choose...
  • China Deals Major Blow to Russian Economy

    01/16/2024 7:32:40 PM PST · by Sunsong · 71 replies
    Newsweek ^ | Giulia Carbonaro
    "China's state-owned banks are tightening curbs on funding to Russian clients as they fear being subjected to secondary sanctions from the U.S., according to a Tuesday report by Bloomberg... "...Chris Weafer, chief executive officer of strategic consultants Macro-Advisory Ltd., which focuses on Russia and the Eurasia region, previously told Newsweek that Russia should be wary of this increased reliance on China. "While China is eagerly buying energy and materials and selling Chinese-made goods to the Russia market, all of which suits Beijing, there is very little investment coming into Russia, certainly nothing like enough to replace the lost investment from...
  • Federal Reserve Payments to Banks Trigger Largest Ever Operating Loss

    01/15/2024 9:12:01 AM PST · by ChicagoConservative27 · 43 replies
    Breitbart ^ | 01/15/2024 | John Carney
    The Federal Reserve quietly lost a fortune in 2023 as interest it pays out to banks swamped the interest it earns on its bond portfolio, data released by the central bank Friday showed. The Fed said it lost roughly $114.3 billion in 2023, its largest-ever annual loss. The losses occurred because the money the Fed pays banks for reserves held at the central bank exceeded the interest earned on the mortgage bonds it holds. The Fed has been raising the interest rate paid on reserves alongside the hikes on the benchmark federal funds rate to stem the worst inflation in...

    01/13/2024 2:57:28 PM PST · by nickcarraway · 13 replies
    LA WEEKLY ^ | JANUARY 11, 2024 | Isai Rocha
    71-YEAR-OLD BANK ROBBER ARRESTED AFTER $64,000 HEIST ISAI ROCHAJANUARY 11, 2024 Bruce Edward Bell,71, was arrested after a string of bank robberies in Los Angeles. In his most recent December heist, Bell allegedly stole more than $64,000, maneuvering his way to restricted areas of the bank and demanding that employees fill his bag with cash. “During this incident, Bell entered the location, grabbed an employee and pointed a firearm,” the Los Angeles Police Department (LAPD) said in a statement. “Bell forced the employee to walk over to an access-restricted door. Bell demanded entry into the secure area and stated he...
  • Biggest Bank In US Records Most Profitable Year Ever Despite Sector Crisis

    01/13/2024 7:25:20 AM PST · by Red Badger · 27 replies
    Daily Caller ^ | January 12, 2024 | Will Kessler
    Top U.S. bank JP Morgan Chase on Friday reported $49.6 billion in profits for 2023, a record for the bank, despite a sector crisis that shut down multiple smaller institutions. Profits for the year were up for the bank despite net income bringing in only $9.3 billion in the fourth quarter, falling 15%, while the company brought in $39.9 billion in net revenue, up 12% for the quarter, according to JP Morgan’s fourth quarter earnings report. JP Morgan’s record profits come after a year of crisis for the sector, starting with a bank run in March at Silicon Valley Bank...