Il Fatto Quotidiano: La procura Usa chiude l’indagine sul presidente della Fed Jerome Powell. Via libera alla conferma di Warsh come successore

La procura americana ha annunciato di voler abbandonare le indagini sul presidente della Federal Reserve, Jerome Powell, finito nel mirino di Donald Trump che lo ha accusato di eccessiva “timidezza” nel tagliare i tassi e poi sotto inchiesta per i presunti costi lievitati dei piani di ristrutturazione della sede della Banca centrale Usa. Viene così rimosso l’ostacolo che aveva bloccato la conferma di Kevin Warsh come suo successore.
La procuratrice federale di Washington, Jeanine Pirro, ha comunicato la decisione in un post su X, aggiungendo che sarà l’Ispettore Generale della Fed a esaminare “attentamente” le spese (“dell’ordine di miliardi”) per i lavori nella sede della Fed, “sostenuti dai contribuenti”. “Mi aspetto un rapporto esaustivo in tempi brevi e confido che l’esito contribuirà a risolvere, una volta per tutte, le questioni che hanno indotto questo Ufficio a emettere mandati di comparizione”, ha concluso Pirro, procuratrice del District of Columbia, la capitale Usa. “Si noti bene, tuttavia, che non esiterò a riaprire un’indagine penale qualora i fatti lo rendessero necessario”.
Un giudice federale aveva già stabilito che le citazioni a comparire dinanzi al Gran Giurì, notificate alla Fed nel mese di gennaio, erano improprie, rilevando inoltre la presenza di “prove essenzialmente nulle” riguardo a fatti penalmente rilevanti. Da parte democratica e anche da settori repubblicani era stata chiesta l’archiviazione dell’indagine, prima di procedere alla conferma della nomina di Warsh come nuovo presidente della Banca Centrale. Per essere confermato in commissione ha bisogno di ottenere il voto della maggioranza dei suoi membri, 13 repubblicani e 11 democratici.
Nei giorni scorsi il repubblicano Thom Tills aveva annunciato di voler bloccare la conferma della nomina se il dipartimento di Giustizia non avesse archiviato l’inchiesta. Lo scorso anno Tills ha rinunciato a ricandidarsi dopo essere finito nel mirino degli attacchi e insulti di Trump per aver votato contro il ‘Big, beautiful bill’.
L'articolo La procura Usa chiude l’indagine sul presidente della Fed Jerome Powell. Via libera alla conferma di Warsh come successore proviene da Il Fatto Quotidiano.

The US Justice Department closes the investigation into Fed Chairman Jerome Powell. Green light given for Warsh’s confirmation as successor.

The U.S. Justice Department has announced it intends to drop its investigation into the president of the Federal Reserve, Jerome Powell, who had been the target of accusations by Donald Trump of “excessive timidity” in cutting interest rates and subsequently investigated for allegedly inflated costs of the U.S. Central Bank’s headquarters renovation plans. This removes the obstacle that had blocked the confirmation of Kevin Warsh as his successor.

U.S. Attorney for Washington, Jeanine Pirro, announced the decision in a post on X, adding that the Fed’s General Inspector will “carefully” examine the expenses (“in the billions”) for the work at the Fed headquarters, “funded by taxpayers.” “I expect a comprehensive report in a short time and I trust that the outcome will contribute, once and for all, to resolve the issues that led this Office to issue subpoenas,” Pirro concluded, the U.S. Attorney for the District of Columbia, the nation’s capital. “However, I will not hesitate to reopen a criminal investigation if the facts warrant it.”

A federal judge had already ruled that the subpoenas issued to the Grand Jury, served to the Fed in January, were improper, noting the presence of “substantially null evidence” regarding matters of criminal relevance. Demands for the investigation’s closure had come from both the Democratic and Republican sides, prior to proceeding with Warsh’s confirmation as the new head of the Central Bank. To be confirmed in committee, he needs the vote of a majority of its members, 13 Republicans and 11 Democrats.

In recent days, Republican Thom Tillis had announced he would block the confirmation of the appointment if the Department of Justice did not close the investigation. Last year, Tillis had withdrawn his candidacy after being the target of attacks and insults from Trump for voting against the “Big, beautiful bill.”

The article The U.S. Justice Department closes the investigation into the Fed president Jerome Powell. Green light for Warsh’s confirmation as successor comes from Il Fatto Quotidiano.

#JeromePowell #theFederalReserve #DonaldTrump #theUSCentralBank’s #KevinWarsh #Washington #JeaninePirro #GeneralInspector #Office #Pirro #Democratic #Republican #theCentralBank #Republicans #Democrats #ThomTillis #Tillis #Warsh #IlFattoQuotidiano

https://www.ilfattoquotidiano.it/2026/04/24/powell-indagine-fed-warsh-news/8365720/

World War III and Coming Depression

Recently President Donald Trump threatened Iran saying he would “bomb them back to the Stone Age” if they don’t capitulate. But only by use of multiple nuclear weapons could that be achieved. His announcement horrified the world. Many political commentators took his statement as meaning just that.

The financial system of the world is still run out of the US Federal Reserve banking system. But with the rise of BRICS, especially the axis between Russia, China and Iran, the development of a multipolar world is now in sight. The US dollar is starting to lose some of its lustre.

The “closure” of the Strait of Hormuz to unfriendly nations’ oil shipments, along with those who are allowed to pass Iran’s tollbooth with a fee paid in Chinese Yuan, has sent the petroleum price skyrocketing, portending a global financial crash. Trump’s naval blockade will only make matters worse. So when all else fails they take you to war.

I have previously written on my analysis of the US Federal Reserve liabilities reflecting the financial state of the world back to 1914. Currency expansion creates real inflation by devaluing the purchasing power of the dollar. In my analysis I normalised the Fed’s published liabilities to 1914 dollars, so that the effect of credit creation and currency printing is taken into account.

For an introduction to this analysis read World War III Has Begun (at Least Against the Currency). And All Wars Are Banksters’ Wars.

Chart 1 shows my recently updated result when Federal Reserve liabilities data are normalised with the US M2 currency stock over the same period.

Source: Liabilities data for 1914–2026 from the Board of Governors of the Federal Reserve System, statistical release H.4.1, Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks, via FRED; and M2 money supply data for 1959–2026 from the Board of Governors of the Federal Reserve System, statistical release H.6, Money Stock Measures, via FRED.

The solid trend line (1) is a curve fit to the data between 1965 and 2003. The solid trend line (2) is a double exponential curve fit to the data after 2003. The dashed straight blue line (3) is a guide to the eye just touching the minimum dip points.

The label Bank Bailouts indicate when the Fed bailed out a few sinking Silicon Valley banks. Many more will becoming.

The two world wars are indicated by arrows pointing to the pink regions. Recessions are indicated by sepia-colored strips. QE is Quantitative Easing (credit creation). QT is Quantitative Tightening (credit contraction).

The wars in the WWIII time period include Russia v NATO/Ukraine and Palestine/Resistance Axis nations v Israel/USA. And we must include the Israel/US war against Iran.

The last 26 years of Chart 1 is reproduced below in Chart 2 for a clearer picture.

Now focussing on Chart 2 it is clear that since the Russian invasion of Ukraine in 2022 the Fed has been contracting credit (QT), extinguishing debt, except when for a short time it bailed out a few Silicon Valley banks in early 2023. The QT has continued until very recently. By the end of 2025 QE had begun again but only very slightly. Nevertheless the Liabilities curve (red data) has turned upward. Note the indicated trend line, dashed blue line (3).

If this continues the Fed will be in full QE again. But that is totally expected with the massive $1.5 trillion military budget requested by President Trump and an additional $200 billion he needs to fight Iran or open the Strait or whatever.

Add to that the economic fallout as countries around the world dump US treasuries and dollars to buy Chinese Yuan for them to buy oil coming through the Strait of Hormuz and to pay the Iranian tolls. Iran is requiring that the purchase of the oil be denominated in Yuan, hence the new global currency, the Chinese petroyuan, now replacing the US petrodollar.

So a global war is the only way for the US to get out of this looming global depression. In the past, each world war inflated economies, created a boom, which is seen in the expansion of credit in world wars I and II. But after the wars finished depression resulted. That means they need to go to war again. That keeps pumping up the currency supply and building useless munitions, which are only blown to pieces on the battlefield.

Only by credit tightening (QT) back down to the gradual linear curve (1) can the US get back to a normal growth condition. But to tighten even a little more than where it currently stands has the potential to blow up the system. Read Markets in Turmoil: Fed Must Pivot Soon. It looks like they are pivoting now.

The banksters need another Bretton Woods Conference and new global financial system because on the current trend line they will never get the Fed-created credit back to the baseline (1) which saw great prosperity.

I believe this is why Agenda 2030 and their Great Reset of global financial markets and even the Great Taking have been proposed. Using a system involving digital ID, programmable digital currency and global surveillance the globalist oligarchs hope to get everyone onto the blockchain and control all financial transactions. The year 2030 is not far off now, and the WEF oligarchs are openly speaking of digital currency and their Great Reset. Prepare accordingly.

Related Reading

https://biblescienceforum.com/category/economics/

Recommended Reading

• Book: Apocalypse Now: On the Revelation of Jesus Christ
• Book: Merchants of Death: Global Oligarchs and Their War On Humanity

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Domani: La guerra dei dazi di Trump ha fallito. E i danni saranno difficili da riparare

Data la sua attuazione caotica, non dovrebbe sorprendere che l’agenda tariffaria Usa non sia riuscita a raggiungere nessuno dei suoi obiettivi dichiarati. Il deficit commerciale degli Stati Uniti ha raggiunto un livello record nel 2025, l’occupazione nel settore manifatturiero è diminuita e l’inflazione rimane al di sopra dell’obiettivo del 2 per cento della Federal Reserve

Trump’s tariff war failed. And the damage will be difficult to repair.

Given its chaotic implementation, it should not surprise that the US tariff agenda has failed to achieve any of its declared objectives. The United States’ trade deficit reached a record level in 2025, manufacturing employment declined, and inflation remains above the Federal Reserve’s 2 percent target.

#TheUnitedStates’ #theFederalReserve’s #2percent

https://www.editorialedomani.it/politica/mondo/guerra-dazi-trump-ha-fallito-fronti-tycoon-imbrigliato-strategia-tariffe-c0wrkxkw

Il Tempo: “Estremisti di sinistra”. Furia Trump per lo stop ai lavori per la nuova ballroom

Un giudice federale ha ordinato all'amministrazione di Donald Trump la sospensione dei lavori per la costruzione della sala da ballo alla Casa Bianca, altrimenti nota come ballroom, stabilendo che il progetto non può essere realizzato senza l'approvazione del Congresso. “Il presidente è il custode della Casa Bianca, non il proprietario”, si legge nell'ordinanza firmata dal giudice distrettuale Richard Leon, che ha accolto la richiesta di ingiunzione preliminare presentata dal National Trust for Historic Preservation, un'organizzazione no profit istituita nel 1949 per tutelare e valorizzare il patrimonio storico-architettonico statunitense. L'amministrazione Trump avrebbe già presentato ricorso contro il provvedimento, che dovrebbe entrare in vigore tra 14 giorni. 

La reazione di Trump
La reazione dell'inquilino della Casa Bianca non si è fatta attendere. In un lungo sfogo pubblicato su Truth, Trump si è scagliato contro il National Trust for Historic Preservation, definendolo “un gruppo di estremisti di sinistra composto da folli”. “Mi fa causa per un salone delle feste che rientra nel budget, - si legge ancora nel post - è in anticipo sulla tabella di marcia, viene costruito a costo zero per i contribuenti e sarà l'edificio più raffinato nel suo genere in tutto il mondo”. Nelle righe successive il presidente Usa ha ricordato di essere stato criticato anche per i lavori di ristrutturazione al Kennedy Center, poi ribattezzato “Trump-Kennedy”, mentre “nessuna parola è stata pronunciata contro la Federal Reserve per un edificio che è stato devastato sia all'interno che all'esterno”.

Il progetto della ballroom
L'ambizioso progetto della ballroom, pensata per gli eventi presidenziali, è stato fortemente sostenuto dal leader Usa. Lo scorso dicembre, il National Trust ha intentato una causa contro l'amministrazione Trump, segnalando eventuali rischi per l'integrità complessiva della Casa Bianca, dichiarata patrimonio mondiale dell'Unesco, e sostenendo l'illegalità dell'intervento. Al contrario, come riporta Open, la Commission of Fine Arts aveva espresso un parere favorevole alla realizzazione dell'opera, il cui valore si aggira attorno ai 400 milioni di dollari. A breve avrebbe dovuto esprimersi anche la Capital Planning Commission, ma la decisione del giudice federale potrebbe rimettere tutto in discussione.

“Extremists on the Left”. Trump’s Fury over Halt to New Ballroom Construction

A federal judge ordered Donald Trump’s administration to suspend work on the construction of the ballroom at the White House, also known as the ballroom, ruling that the project cannot be carried out without Congressional approval. “The president is the custodian of the White House, not the owner,” reads the order signed by District Judge Richard Leon, who granted the preliminary injunction request filed by the National Trust for Historic Preservation, a nonprofit organization established in 1949 to protect and enhance the United States’ historic-architectural heritage. The Trump administration has already appealed the order, which is expected to take effect in 14 days.

Trump’s Reaction
The White House occupant’s reaction did not delay. In a lengthy outburst posted on Truth, Trump lashed out at the National Trust for Historic Preservation, calling it “a group of left-wing extremists composed of crazy people.” “They are suing me over a ballroom that is within budget, - it reads further in the post - it is behind schedule, it is built at taxpayer expense and will be the most refined building of its kind in the world.” In the following lines, the U.S. President recalled being criticized for renovation work at the Kennedy Center, then renamed “Trump-Kennedy,” while “no one has spoken against the Federal Reserve for a building that has been devastated both inside and out.”

The Ballroom Project
The ambitious ballroom project, designed for presidential events, has been strongly supported by the U.S. leader. Last December, the National Trust filed a lawsuit against the Trump administration, pointing out any risks to the overall integrity of the White House, declared a UNESCO World Heritage Site, and supporting the illegality of the intervention. Conversely, as reported by Open, the Commission of Fine Arts had expressed a favorable opinion on the project, whose value is around $400 million. The Capital Planning Commission was soon to express its opinion, but the federal judge’s decision could put everything up for debate.

#Trump’sFury #DonaldTrump’s #theWhiteHouse #Congressional #District #RichardLeon #theUnitedStates #Trump #WhiteHouse #Truth #theKennedyCenter #Trump-Kennedy #theFederalReserve #theNationalTrust

https://www.iltempo.it/esteri/2026/04/01/news/donald-trump-ballroom-casa-bianca-stop-giudice-lavori-approvazione-congresso-47090054/

RaiNews: Stop all'inchiesta contro Powell, un giudice federale sconfessa Trump

"Non ci sono prove di reati", dice il giudice bloccando l'indagine sul capo della Federal Reserve voluta dalla Casa Bianca: "Serve solo a intimidire"

Stop to the investigation against Powell, a federal judge overturns Trump

“There is no evidence of crimes,” the judge said, blocking the investigation into the head of the Federal Reserve, as demanded by the White House: “It’s only to intimidate.”

#Powell #Trump #theFederalReserve #theWhiteHouse

https://www.rainews.it/articoli/2026/03/stop-inchiesta-contro-powell-un-giudice-federale-sconfessa-trump-77b27ecc-5980-4c51-b23b-47644dd259c6.html

The Fed circumvented the debt ceiling to borrow billions for failed banks | The Hill

https://thehill.com/opinion/finance/3908515-the-fed-circumvented-the-debt-ceiling-to-borrow-billions-for-failed-banks/ DOWN WITH #theFederalReserve