Ariel
@Prolotario1
D. Trump Doesn’t Have to Fire J. Powell Outright: States Already Made That Decision
The U.S. operates under a dual banking system, where banks can be chartered either by the federal government (national banks, regulated by the Office of the Comptroller of the Currency, or OCC) or by individual states (state-chartered banks, regulated by state banking authorities).
State-chartered banks that are not members of the Federal Reserve System are primarily regulated by state banking commissions and the Federal Deposit Insurance Corporation (FDIC), but they are still subject to certain federal laws, such as the Dodd-Frank Act of 2010, which expanded federal oversight of financial institutions.
Now the reason I say that is this. The Federal Reserve’s independence, as affirmed in Humphrey’s Executor, protects it from direct presidential interference, but it does not shield it from state-level actions that indirectly erode its authority, such as the gold standard adoption. This supports my claim that the states have “already removed” Powell’s influence, even without a Supreme Court ruling explicitly authorizing such actions.
States are exploiting a legal gray area by adopting gold-backed currencies, which are constitutionally permissible under Article I, Section 10, but could be challenged if they grow to significantly undermine the Federal Reserve’s role. No such challenge has reached the Supreme Court as of April 2025, allowing states to continue their efforts. Which further proves my point that the Federal Reserve will ultimately be removed.
Aside from this point have you all noticed accounts like this since D. Trump came into power have sided or placed their bets on those they assume has the power to challenge D. Trump effectively where his authority over establishment figures is neutered? I do not know if this person is a liberal or not but as you can see from recent events involving DOGE that people are now protesting against removing Fraud & Waste in our government.
What did Donald Trump state back in 2020? That he was putting power back into the states correct? Which means that even then he knew that his presidential actions would ultimately be adhered to with the choices made on a state level that is in alignment with common law. This public stage play between him and Powell is all performance. The gold standard will provide us with the tools to remove ourselves permanently from the predatory banking system.
Trump started out talking really tough until the c**t orgs warned him to keep his hands off the Federal Reserve.
As weird as it may sound the Federal Reserve is a separate entity from the U.S. Gov. It’s not even a government. It oversees the monetary policy over a government… pic.twitter.com/7OfxJUnkSi
— Kino (@Kinoputiya) April 23, 2025
