Newly-Released Documents Shed New Light on Operation Chokepoint 2.0
Operation Chokepoint 2.0 is here. The FDIC is the main culprit. FDIC is one of the three banking system regulators. Continue Reading →
Category Archives: Banking
Remember Silicon Valley Bank?
was only two years ago that Silicon Valley Bank was in the headlines. SVB was bailed out. Signature Bank was not. Continue Reading →
Sanity Returning to Monetary Policy
Jan 17 the Fed signaled the return of sanity to monetary policy. They withdrew from NGFS which wants to green central banking Continue Reading →
The “Consumer” Financial “Protection” Bureau
The Supreme Court, in an absurd 7-2 decision, upheld the funding mechanism for the Consumer Financial Protection Bureau (CFPB). Continue Reading →
Operation Choke Point Returns With a Vengeance
Operation choke point was a government program to deny banking services to a group of industries. Luke Rosiak has discovered its resurgence. Continue Reading →
Custodia: A Bank That Does Not Lend
Custodia is a 100% reserve bank. Therefore, they do not need (or have) deposit insurance. And they make no loans. Continue Reading →