A comprehensive Senate Finance Committee investigation led by Senator Ron Wyden uncovered massive financial evidence demonstrating Jeffrey Epstein’s complex international money laundering and trafficking operations. The Treasury Department’s analysis revealed over 4,725 wire transfers …
Senate Finance CommitteeRon WydenTreasury DepartmentJeffrey EpsteinRussian banks+3 morejeffrey-epsteinrussian-oligarchsmoney-launderinghuman-traffickingsenate-investigation+4 more
President Woodrow Wilson signed the Federal Reserve Act at 6:00 p.m., creating the Federal Reserve System as the central banking system of the United States. The need for a central bank became evident during the Panic of 1907, when the federal government lacked tools to respond and had to depend on …
President Woodrow WilsonCarter GlassRobert Latham OwenJP MorganWilliam Jennings Bryanbanking-consolidationprogressive-erafinancial-regulationfederal-reservejp-morgan
John Pierpont Morgan, the seventy-five-year-old financier who had dominated American banking for decades, died at the Grand Hotel in Rome. House of Morgan partners blamed his death on the stress of testifying before the Pujo Committee in December 1912, though other health factors were involved. …
JP MorganPujo CommitteeSamuel UntermyerHouse of Morganbanking-consolidationprogressive-erafinancial-capturecongressional-investigationjp-morgan
The U.S. House Committee on Banking and Currency subcommittee headed by Rep. Arsène Pujo of Louisiana began hearings to investigate the “money trust”—a concentrated group of Wall Street bankers exerting powerful control over the nation’s finances. The investigation arose from …
Arsène PujoSamuel UntermyerJP MorganGeorge F. BakerJames E. Stillman+1 morebanking-consolidationprogressive-erafinancial-capturejp-morgancongressional-investigation