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Treasury Department Releases First Report on Current U.S. Financial System…

On February 3rd 2017 President Trump signed Executive Order #13772 calling for a system of reviews, first due in 120 days, of the U.S. financial, investment and banking system for possible reform. Today Treasury Secretary Steven Mnuchin released the first in a series of reports (full pdf below) outlining the U.S. Financial System.

Given the breadth of the financial system and the unique regulatory regime governing each segment, Treasury will divide its review of the financial system into a series of reports:

• The depository system, covering banks, savings associations, and credit unions of all sizes, types and regulatory charters;
• Capital markets: debt, equity, commodities and derivatives markets, central clearing and other operational functions;
• The asset management and insurance industries, and retail and institutional investment products and vehicles; and
• Non-bank financial institutions, financial technology, and financial innovation.

Today’s report covers the depository system.

The full report is below and it is rather extensive.  Here’s my initial review of the content with the report embedded at the bottom.

Back in July 2010 when Dodd-Frank banking regulation was passed into law, there were approximately 12 to 17 banks who fell under the definition of “too big to fail”.

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U.K Snap Election Results in Even More Conservative Coalition – Sending Social Justice Brits into Fits …

There has been much written about the downside consequences from Prime Minister Theresa May’s decision to call for a snap election and lose conservative seats.   However, in an unexpected twist of fate, the coalition outcome is even more conservative than before.

The Tory party (traditional conservatives), with 218 seats, have struck a deal with the Democrat Unionist Party (DUP) of Northern Ireland, 10 seats and considered the British version of “far-right”, resulting in an even more conservative coalition governing body than before the election.

The resulting alignment is now sending the British liberal social justice crowd into fits of LGBTQ(fill in the necessary missing constants) collective apoplectic rage.  Cue the audio/visual snowflake demonstration:

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Obviously, all political policies of consequence will not be social, they will be economic; as the challenge will be to construct the financial BREXIT escape from the clutches of the collective EU.

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London Police Question Sketchy Guy With Backpack Full of Machetes – Perhaps He’s an Industrious Gardener…

Random video footage surfaces showing heavily-armed London police stopping a sketchy fellow and checking his backpack in east London on Monday – barely a day after the London Bridge attack.

According to video loader – The incident occurred on a side street near East Ham on Monday.  The footage shows six police officers surrounding the man before opening his duffel bag (backpack) to reveal several machetes in a plastic bag.

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Perhaps he’s just an industrious gardener with a jungle in his apartment. Non pixilated version below via twitter video.

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President Trump Meets With Key House and Senate Lobbying Recipients…

President Trump meets with leading recipients of the DC lobbying business: Ryan, McCarthy, McConnell and Cornyn, a modern LLC (Limited Legislative Consortium), to discuss whether it’s feasible or not for the DC swamp to consider doing any work this year.

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Apparently the resulting response was… (more…)

President Trump Air Traffic Control Initiative…

Earlier today President Trump delivered remarks surrounding the latest initiative to streamline government and bring efficiency to the air travel and commercial transportation industry.

[…] The previous administration spent over $7 billion trying to upgrade the system, and totally failed. Honestly, they didn’t know what the hell they were doing. A total waste of money — $7 billion-plus-plus

The initiative is targeted to modernize Air Traffic Control and flight management systems.

12:02 P.M. EDT – [Transcript ] THE PRESIDENT: Thank you very much. Thank you, Mike. I really appreciate everything and I appreciate you being here. But I especially want to thank Secretary Elaine Chao, Leader Kevin McCarthy — thank you, Kevin — Chairman Bill Shuster — thank you very much, Bill — and all the members of Congress — we have many of them here today — for joining us as we prepare to enter a great new era in American aviation. (Applause.) It’s about time, too, I can tell you.

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President Trump Signs American Law Enforcement Heroes Act of 2017…

Yesterday President Donald Trump signed two new bills into law.  One of the bills is something many people might be familiar with from 2015 and 2016 when it was initially proposed that returning U.S. military veterans should have an elevated opportunity, and prioritization (w/ supportive grants), to work on internal U.S. security, border security and local law enforcement.

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A NAFTA Conversation With Commerce Secretary Wilbur Ross…

Commerce Secretary Wilbur “Wilburine” Ross sits down for a big picture conversation to discuss the upcoming NAFTA (North American Free Trade Agreement) trade renegotiation.

This interview is well worth the time to understand the dynamics and objectives of the Trump administration.

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We are incredibly blessed to have Wilbur Ross, Steven Mnuchin (Treasury) and Robert Lighthizer (U.S. Trade Rep.) as the leading edge of the new America-First economic revitalization.

These U.S. policy titans of trade, finance and commerce are the most comprehensively well-skilled people we have had assembled in our lifetime.

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More Winning: France Germany and Italy: Paris Climate Treaty “irreversible and cannot be renegotiated”…

AP is reporting the leaders of France (Macron), Germany (Merkel), and Italy (Genteloni) have released a joint statement saying the Paris Climate Treaty is irreversible and cannot be renegotiated. Effectively shutting down the only option President Trump left on the table for them:

Pay attention to the last sentence in the AP joint statement snippet:

French President Emmanuel Macron, German Chancellor Angela Merkel and Italian Premier Paolo Gentiloni said in a joint statement Thursday that they take note “with regret” the U.S. decision to pull out of the 2015 agreement.

The three leaders say they regard the accord as “a cornerstone in the cooperation between our countries, for effectively and timely tackling climate change.”

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Multinational Banks and Corporations Trigger Immediate Angst Over Trump Withdrawal From Paris Treaty…

Every word we read, every corporate broadcast, every espoused punditry opinion, every angle that’s visible, everything surrounding the Paris Climate “Treaty”, All.Of.It., is driven by multinational banks and corporations who have a vested financial interest.

The Paris Climate Treaty has nothing to do with “climate” and everything possible to do with economics, globalism and the controlled redistribution of economic wealth as constructed through decades of advanced policies of multinational financial interests.

There are factually TRILLIONS of dollars at stake.

When you consider the pontificating pearl-clutching from the financial and industrial elites, ask yourself this very basic question:

If Elon Musk (Tesla), Tim Cook (Apple), Larry Page (google), Mark Zuckerberg (facebook), or any of the myriad of multinational executives really cared about “climate change”, then why are they doing business in China?

The primary concern for every affiliated entity surrounds economics, not climate.  “Climate” issues are the Trojan horse, the false ruse, the talking point, the scheme to get economic systems in place -yes, political systems- to control the distributive flow of larger economic wealth within all nations.  Period.

What ObamaCare was to your loss of healthcare individualism, so too is the Paris Treaty a political tool to deconstruct national economic individualism.  FULL-STOP.

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Secretary of VA David Shulkin Provides Update Via Daily Press Briefing – Most Corporate Media Boycott Briefing…

Secretary of Veterans Affairs David Shulkin delivered a press briefing earlier today providing an update on ongoing VA reform and answering questions.

As you can see from the empty seats and the journalists that were absent, most of the corporate media White House correspondents chose not to attend. Clear evidence of the MSM’s need to “create news” via the daily press briefing:

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