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Trump poised to take over Federal Reserve

Jul 25, 2018

https://www.cnbc.com/2018/07/20/trump-poised-to-take-control-of-the-federal-reserve.html

The Board of Governors of the Federal Reserve is required to have seven members. It has three. Two of the current governors were put into their position by President Trump. Two more have been nominated by the president and are awaiting confirmation by the Senate. After these two are put on the Fed’s board, the president will then nominate two more to follow them. In essence, it is possible that six of the seven Board members will be put in place by Trump.

The Federal Reserve bank, like most other central banks, is actually a privately owned bank. In the 1970’s, when Congress questioned Fed Chairman Arthur Burns about the ownership of the bank, he refused to answer. But it is known that there are 12 banking families that own the Fed. Some say that these banking families are just agents of the Vatican or some other hidden owner. It’s hard to know, because of the secrecy of Mystery Babylon.

The Federal Reserve Act that was passed on December 23, 1913, while most of the Senate was on Christmas vacation (all but 5). It marked the start of the most recent phase of the beast system, which is Mystery Babylon. It established an economic empire that put America and the world under bondage by controlling money and the money supply.

That system must end soon, now that the transfer of authority has concluded. So the fact that President Trump is appointing the Board of Governors suggests that big changes could be coming shortly. Hopefully, Trump will nationalize the Federal Reserve and make it truly "federal." Right now it is no more "federal" than Federal Express.

The creation of money should revert back to Congress, not private bankers, as this was stated explicitly in the Constitution and was the intent of our founding fathers.


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Category: Financial
Blog Author: Dr. Stephen Jones