The Senate confirmed Stephen Miran to the Federal Reserve Board of Governors in a 48-47 vote while he remained chair of Trump’s Council of Economic Advisers—marking the first time in the Fed’s 111-year history that a Board member simultaneously served as a presidential employee. Though …
Stephen MiranDonald TrumpFederal ReserveCouncil of Economic Advisersinstitutional-capturefederal-reserveconflicts-of-interestindependence-erosionregulatory-capture
The U.S. Department of Justice formally opened a criminal investigation into Federal Reserve Governor Lisa Cook on September 4, 2025, following a criminal referral from Federal Housing Finance Agency Director Bill Pulte. Federal prosecutors issued grand jury subpoenas in Georgia and Michigan to …
Department of JusticeLisa CookPam BondiBill PulteEd Martin+2 moredojfederal-reservecriminal-investigationpolitical-prosecutioninstitutional-capture+1 more
The Department of Justice opened a criminal investigation into Federal Reserve Governor Lisa Cook over alleged mortgage fraud, stemming from accusations that she listed two properties as primary residences on mortgage applications. The investigation follows Trump’s failed attempt to fire Cook …
Lisa CookDepartment of JusticeDonald TrumpBill PulteFederal Reserveweaponization-of-justiceselective-prosecutionfederal-reserve-independencepolitical-retaliation
William Pulte, Trump’s FHFA Director, accesses private mortgage application data to accuse Fed Governor Lisa Cook of fraud for listing two properties as primary residences, part of pattern targeting Trump’s political opponents.
William Pultelisa-cookfederal-reservefhfadepartment-of-justicewilliam-pultelisa-cookfederal-reservefhfamortgage-fraud+5 more
President Trump signed an executive order titled ‘Guaranteeing Fair Banking for All Americans’ directing federal financial regulators to combat alleged ‘debanking’—the denial or termination of financial services based on political considerations. The order requires agencies …
Donald TrumpWhite HouseFederal ReserveFDICOffice of the Comptroller of the Currencyexecutive-powerexecutive-ordersfinancial-regulationinstitutional-capture
Federal Reserve Governor Adriana D. Kugler submitted her resignation on August 1, 2025, effective August 8, stepping down months before her term was scheduled to end in January 2026. In her resignation letter addressed to President Trump, Kugler offered no explanation for her early departure, …
Deutsche Bank agreed to pay $150 million in penalties for its failure to properly monitor Jeffrey Epstein’s banking activities. The bank processed hundreds of transactions for Epstein even after his 2008 conviction, including payments to potential co-conspirators and alleged victims. …
Deutsche BankJeffrey EpsteinNew York Department of Financial ServicesFederal ReserveEpstein co-conspirators+1 moremoney-launderingbanking-violationsregulatory-failurefinancial-crimesco-conspirator-payments+1 more
U.S. student loan debt surpassed $1.6 trillion in June 2019 according to Federal Reserve data, representing a 107% increase from approximately $772 billion at the end of 2009 and affecting some 44 million American borrowers. The milestone crystallized the student debt crisis as a systemic economic …
Federal Reservestudent-debteconomic-crisisinequality
The Federal Reserve Board imposes an unprecedented enforcement action against Wells Fargo, restricting the bank from growing beyond its total asset size as of December 31, 2017—approximately $1.95 trillion. The asset cap represents the most severe punishment the Fed has imposed on a major bank in …
Federal ReserveJanet YellenWells Fargo Boardbanking-regulationwells-fargofederal-reservecorporate-accountability
Russian operative Maria Butina and Alexander Torshin (member of Russia’s upper house of parliament and later sanctioned Russian official) traveled to Nashville, Tennessee to attend the National Rifle Association’s annual meeting from April 8-11, 2015. During this trip, Torshin met with …
Maria ButinaAlexander TorshinNational Rifle AssociationStanley FischerFederal Reserverussian-influencenraforeign-agentsconservative-infiltrationmaria-butina+2 more
The first comprehensive audit of the Federal Reserve revealed it secretly provided $16.1 trillion in emergency loans to major financial institutions during the 2008-2010 financial crisis, far exceeding the $700 billion TARP program. The audit exposed unprecedented scale of financial sector bailouts, …
Federal ReserveBen BernankeCitigroupMorgan StanleyGoldman Sachs+4 morefinancial-crisissecret-bailoutmonetary-capturefederal-reserveregulatory-capture+1 more
By year’s end, the Asian Financial Crisis results in a fundamental restructuring of Southeast Asian economies. Millions lose jobs, local companies are sold at fire-sale prices to multinational corporations, and national economic policies are effectively rewritten under IMF and World Bank …
International Monetary FundWorld BankMcKinsey & CompanyMultinational CorporationsFederal Reserveasian-financial-crisisstructural-adjustmentimfeconomic-shock-therapycorporate-capture+1 more
NationsBank completes its $62 billion acquisition of BankAmerica Corporation, creating the first truly coast-to-coast national bank in U.S. history and taking the Bank of America name. The merger occurs just one year before the formal repeal of Glass-Steagall, demonstrating how banking consolidation …
NationsBankBankAmericaFederal ReserveDepartment of JusticeHugh McCollbanking-consolidationmergersglass-steagallderegulationmarket-concentration+1 more
In September 1998, the Federal Reserve Board granted Citicorp a temporary waiver allowing its merger with Travelers Group, effectively circumventing the Glass-Steagall Act and Bank Holding Company Act. This strategic regulatory maneuver created Citigroup, the first ‘universal bank’ since …
Federal ReserveAlan GreenspanCiticorpTravelers GroupSandy Weill+4 morefederal-reservecitigroupglass-steagall-violationregulatory-waiversystemic-corruption+3 more
In June 1998, multinational financial institutions and international organizations systematically exploited the Asian Financial Crisis through coordinated structural adjustment policies. The IMF and World Bank engineered $100 billion in support packages that effectively restructured Asian economies, …
Goldman SachsCitigroupMcKinsey & CompanyIMFWorld Bank+2 morecorporate-captureeconomic-interventionasset-strippingglobalizationimf-intervention+1 more
Hours after CFTC Chair Brooksley Born issues a “Concept Release” requesting public comment on regulating the 9 trillion over-the-counter derivatives market, Fed Chair Alan Greenspan, Treasury Secretary Robert Rubin, and SEC Chair Arthur Levitt issue an unprecedented joint statement …
Brooksley BornAlan GreenspanRobert RubinArthur LevittCFTC+3 morederivatives-regulationregulatory-suppressionbrooksley-borngreenspanrubin+2 more
Thailand’s decision to float the baht on July 2, 1997, triggered a catastrophic financial crisis across Southeast Asia. The currency collapsed from 25 baht per USD to 54 baht per USD by January 1998, causing systemic economic destabilization. The IMF and World Bank responded with a $20 billion …
Bank of ThailandIMFWorld BankFederal ReserveAsian Development Bankasian-financial-crisiseconomic-shockimf-interventionstructural-adjustmentcurrency-devaluation+1 more