President Donald Trump has made moves to gain full control of the Rothschild owned Federal Reserve in order to remove the crippling regulations holding the country back for so many years.
The Federal Reserve has been a ball on a chain on the American public, creating debt and stringent regulation on the nation. Trump claims the Federal Reserve’s rising interest rates and slowing the growth within the money supply is hindering the growth of the American economy.
The Federal Open Market Committee has 12 members and sets the nation’s monetary policy. Seven of the 12 are the members of the Board of Governors. Five additional are Federal Reserve district bank presidents.
Other than the head of the Fed bank in New York, who was nominated by the president, the other four can only take their positions as district bank presidents if the board in Washington agrees to their hiring.
Following the passage of the Dodd Frank Act in July 2010, the Fed was given enormous power to regulate the banking industry. It moved quickly to implement a number of new rules. The Fed set up a system that would penalize banks that failed to obey its new rules.
These rules have meaningfully slowed bank investments in the economy (the Volcker Rule) and they have had a crippling effect on bank lending in the housing markets.
This is exactly what President Kennedy was going to do before the Deep State ordered his execution. Wake up America, this is the first real president the USA has had since JFK.
The president can and will be able to take control of the Fed.
Neon Nettle / ABC Flash Point News 2018.