#centralbanks — Public Fediverse posts

As the only Fed governor in DC on 9/11, he led the central bank’s response

Roger W. Ferguson, Jr. served as a member of the Federal Reserve Board of Governors from 1997 to…
#Economy #9/11anniversary #centralbank #CentralBanks
https://www.europesays.com/3244310/

Gold Slips as Hot PPI Data Lifts Fed Rate-Hike Odds

Spot gold fell more than 1% after August PPI rose 0.4%, with markets pricing about 70% odds of a September Fed hike while Brent holds near $105.

https://pulseofnations.lol/gold-slips-as-hot-ppi/

#Centralbanks #Fed #Gold #Inflation #Oil #Treasury

Why are we giving a £24bn-a-year subsidy to profitable commercial banks? | Bank of England

There are increasing calls for a windfall tax on banks (Taxing the banks: what Europe’s windfall levies brought…
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3244054/

Gold price down but weathering ECB’s 25 basis point rate hike

(Ki…
#Europe #EU #EuropeanCentralBank #BankForecasts #BitcoinNews #CentralBanks #Charts #CryptoNews #Currency #EconomicReports #EthereumNews #Forecasts #Globaleconomy #Gold #InternationalPolicy #Interviews #Kitconews #MarketNugget #Metals #MiningMinutes #MiningNews #Palladium #PGM #Platinum #PlatinumGroupMetals #Politics #PreciousMetals #RareEarthMetals #Roundups #Silver #TechMetals #USDollar
https://www.europesays.com/europe/135242/

ECB Hikes by 25bp to 2.5%, leaves the door open

Today’s decision to increase the deposit rate by 25bp to 2.5% came as no surprise given the uptick…
#Economy #centralbank #CentralBanks #ContinuumDaily #Data #DataReviews #DMCentralBanks #DMCountryResearch #Editor'sChoice #EuropeanCentralBank #Eurozone
https://www.europesays.com/3243806/

British Pound: Consolidation against US Dollar before UK data and BoE – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret note GBP/USD is little changed as it extends its recovery from…
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3243803/

https://www.europesays.com/uk/1197007/ UK sanctions on Israeli settlements ‘could impact pension fund portfolios’ #Britain #CentralBanks&Regulators #England #Exclusions&Divestments #GreatBritain #Human&LabourRights #NorthernIreland #PensionFunds #Regulation #Scotland #UK #UnitedKingdom #Wales

ECB raises interest rates as Iran war fuels inflation fears

A surge in oil prices is clouding the inflation outlook again; resilient growth leaves room to act Published…
#Europe #EU #EuroZone #CentralBanks #EuroArea #EuropeanCentralBank #Eurozone #interestrates
https://www.europesays.com/europe/135059/

Central Bank chiefs, BTG’s Esteves called as witnesses in Master probe

The Federal Police have called Central Bank president Gabriel Galípolo, his predecessor Roberto Campos Neto, and BTG Pactual…
#Economy #centralbank #CentralBanks
https://www.europesays.com/3243556/

Italy central bank tightens crypto screening to curb sanctions evasion linked to Russia and Iran

The Bank of Italy has made it mandatory for crypto service providers to adopt internal co…
#Economy #BankofItaly #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #certik #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanBankingAuthority #EuropeanCentralBank #EuropeanCentralBanks #Tether #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly #TRMLabs
https://www.europesays.com/3243552/

ECB expected to hike interest rates in September amid rising inflation, energy risks

The European Central Bank (ECB) is expected to raise the interest rate on the Main Refinancing Operations and…
#Economy #centralbank #CentralBanks
https://www.europesays.com/3243306/

Yemen: Can Fintech Connect an Economy Divided by War?

The following showcases the 2026 developments of fintech and wider digital of the Middle Eastern nation of Yemen.…
#Economy #centralbank #CentralBanks
https://www.europesays.com/3243055/

Matter Labs open sources Prividium core as Bundesbank tests it. Interoperability next – Ledger Insights

ZKsync developer M…
#Economy #blockchain #blockchaininteroperability #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #distributedledger #DLT #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #MatterLabs #opensource #Prividium #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly #ZeroKnowledgeProofs #Zksync
https://www.europesays.com/3243051/

Eurozone rate-setters to hike borrowing costs as energy prices jump

For households in the euro area, another hike will mean pricier mortgages, consumer credit and other loans (Kirill…
#Economy #centralbank #CentralBanks #Energy #energysupply #EuropeanCentralBank #GasPrices #inflationforecasts
https://www.europesays.com/3242797/

Bank of England to receive new objective to support payments innovation

The UK Government has proposed setting the Bank of England an objective of facilitating innovation in payments. The…
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #fintech #Payments #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly #UK
https://www.europesays.com/3242793/

Pound-to-Euro Steady as Markets Brace for ECB Rate Hike

Modified: Wednesday, 9 September 2026 22:16 BST – Written by David Woodsmith STORY LINK Pound-to-Euro Steady as Markets…
#Economy #centralbank #CentralBanks
https://www.europesays.com/3242535/

August CPI Seen Cooling, but Will It Prevent a Fed Rate Hike?

Key TakeawaysFriday’s CPI report is expected to show that inflation continued to moderate in August.Economists say a hotter-than-expected…
#Economy #centralbank #CentralBanks
https://www.europesays.com/3242279/

Banca d’Italia orders checks on crypto transfers

Banca d’Italia has told crypto firms to screen every transfer for sanctions, regardless of…
#Economy #bancad'italia #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #CryptoAssetServiceProviders #cryptotransfers #DeutscheBundesbank #ECB #ESCB #EUsanctionsrequirements #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #Italiancryptofirms #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3242275/

https://www.europesays.com/africa/418208/ Lohum ships first lithium ore from Zimbabwe, starts overseas mining #BankForecasts #BitcoinNews #CentralBanks #Charts #CryptoNews #Currency #EconomicReports #EthereumNews #Forecasts #GlobalEconomy #gold #InternationalPolicy #interviews #KitcoNews #MarketNugget #Metals #MiningMinutes #MiningNews #Palladium #PGM #Platinum #PlatinumGroupMetals #politics #PreciousMetals #RareEarthMetals #Roundups #Silver #TechMetals #UsDollar #zimbabwe

Japan’s Mitsubishi Materials to expand tungsten recycling capacity at Akita https://www.byteseu.com/2351061/ #BankForecasts #BitcoinNews #CentralBanks #Charts #CryptoNews #Currency #EconomicReports #EthereumNews #Forecasts #GlobalEconomy #gold #InternationalPolicy #Interviews #Japan #KitcoNews #MarketNugget #Metals #MiningMinutes #MiningNews #Palladium #PGM #Platinum #PlatinumGroupMetals #Politics #PreciousMetals #RareEarthMetals #Roundups #Silver #TechMetals #USDollar

Islamic banking strengthens role in Qatar’s financial system

Doha, Sep. 9 (SANA) Qatar’s Islamic banking sector continues to expand, supported by the strength of the banking…
#Economy #centralbank #CentralBanks
https://www.europesays.com/3242026/

French central bank cuts economic growth outlook as energy prices

French Central Bank Cuts Growth Outlook as Energy Prices Hit Economy Bank of France Revises Economic Forecasts Amid…
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3242023/

Europe’s Neutral Rate Is Moving the Goalposts

Central bankers spend an extraordinary amount of time steering toward a number they cannot see. That number is…
#Economy #centralbank #CentralBanks
https://www.europesays.com/3241774/

GBP/USD at a crossroads: Will Bailey give the pound a fresh boost? – London Business News

The British pound’s move against the US dollar is no longer simply a reflection of the interest-rate differential…
#Economy #BankofEngland #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #Finance #Inflation #investment #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3241771/

Belga Share – National Bank expects Belgian economy to pick up again in third quarter

Compared to the second quarter, the models of the National Bank indicate an increase in gross domestic product…
#Economy #BelgaEnglish #centralbank #CentralBanks #Economyandmoney #NationalBankexpectsBelgianeconomytopickupagaininthirdquarter
https://www.europesays.com/3241527/

Low-deposit mortgages hit highest share in 18 years

Latest Mortgage Lenders and Administrators Statistics for Quarter 2 data from the Bank of England, have shown that…
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #Featured #mortgages #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3241524/

Japanese yen turbulence continues to threaten global financial markets

US Treasury Secretary Scott Bessent and his counterparts in the Japanese government are walking a tightrope as they…
#Economy #centralbank #CentralBanks
https://www.europesays.com/3241273/

Pound-to-Euro Rate Faces Deeper Losses as Bailey Cools Rate Hike Bets

Above: File image of Governor Andrew Bailey before the TSC. Image copyright Pound Sterling Live, courtesy of Parliament.tv…
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3241269/

Oil Nears $100 on Middle East Tensions, Asia Stocks Subdued

Brent Crude Approaches $100 Amid Middle East Crisis, Asia Stocks Slump Market Reactions to Middle East Tensions and…
#Economy #centralbank #CentralBanks
https://www.europesays.com/3241034/

Forex Economic Calendar Overview: Key Events for the Next Trading Week (14.09.2026–20.09.2026)

2026.09.08 2026.09.09 Weekly Economic Calendar for 14.09.2026–20.09.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The key event of the …
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3241030/

China’s Central Bank Buys Most Gold Since 2023 in August

The People's Bank of China added 650,000 ounces of gold in August, its largest monthly purchase since October 2023, extending its buying streak to 22 straight months.

https://pulseofnations.lol/china-s-central-bank-buys/

#CentralBanks #China #Gold #Pboc #Reserves

Taiwan central bank governor Yang Chin-long receives A- rating

Taiwan central bank governor Yang Chin-long received an A- rating in the annual Central Banker Report Cards 2026…
#Economy #centralbank #CentralBanks
https://www.europesays.com/3240787/

UK government pays highest interest rate on 30-year bond since 1998 | Government borrowing

The UK government was forced to pay the highest interest rate for a 30-year bond since 1998 on…
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3240783/

Market Volatility Amid Inflation and Geopolitical Tensions

Global financial markets faced a tumultuous start to the week, marked by a decline in major U.S. indices…
#Politics #CentralBanks #copper #geopoliticaltensions #geopolitics #Inflation #interestrates #middleeast #oil #prices #stocks #Yen
https://www.europesays.com/3240747/

Market Volatility Amid Inflation and Geopolitical Tensions https://www.byteseu.com/2348637/ #CentralBanks #Copper #GeopoliticalTensions #Geopolitics #Inflation #InterestRates #MiddleEast #oil #prices #stocks #yen

Gold alert: Russia keeps selling gold while China keeps buying and the Netherlands move some gold https://www.byteseu.com/2348594/ #BankForecasts #BitcoinNews #CentralBanks #Charts #CryptoNews #Currency #EconomicReports #EthereumNews #Forecasts #GlobalEconomy #gold #InternationalPolicy #Interviews #KitcoNews #MarketNugget #Metals #MiningMinutes #MiningNews #Netherlands #Palladium #PGM #Platinum #PlatinumGroupMetals #Politics #PreciousMetals #RareEarthMetals #Roundups #Silver #TechMetals #USDollar

Russian attacks stifle exports, driving up import, currency demand – Ukraine central bank

Intensification of Russian attacks on Ukraine’s production, logistics and energy infrastructure is making exports more difficult, increasing the…
#Economy #attacks #centralbank #CentralBanks #export #nbu
https://www.europesays.com/3240528/

Bank of England’s tricky balancing act in dealing with global bond shock | Bank of England

Your editorial (The Guardian view on the global bond shock: Andy Burnham should take note, 1 September) implicitly…
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3240524/

Morocco’s Abdellatif Jouahri among 25 top central bank Governors – Global Finance Magazine – The North Africa Post

The Governor of Bank Al-Maghrib (BAM), Abdellatif Jouahri, ranks among the top 25 central bank governors internationally, according…
#Economy #centralbank #CentralBanks
https://www.europesays.com/3240277/

TD completes tokenised payment test in Project Agorá

KAREN JOY BACUDO Finance Editor TD has completed a tokenised payment test under Project Agorá, moving real US…
#Economy #Asia #blockchain #centralbank #CentralBanks #digitalcurrency #distributedledger #Europe(European) #Innovationhub #interoperability #PaymentTechnologies #RegulatoryTechnology #tokenisation #UnitedStates(US) #UnitedStatesDollar(USD)
https://www.europesays.com/3240024/

British Pound: Sterling faces fiscal and BoE risks – Rabobank

Rabobank’s Senior FX Strategist Jane Foley discusses how United Kingdom (UK) Chancellor Healey’s pro-growth rhetoric and commitment to…
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3240021/

RBNZ opens door to first non-bank ESAS member

Review reshapes entry rules The change follows completion of the RBNZ’s ESAS Access Review, launched to test whether…
#Economy #centralbank #CentralBanks #ExchangeSettlementAccountSystem #NelsonBuildingSociety #ReserveBankofNewZealand
https://www.europesays.com/3239778/

Central banks face “serious challenge” from populism – BoE governor

(Alliance News) – The boss of the Bank of England has defended the independence of the world’s central…
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3239775/

What are the main events for today?

EUROPEAN SESSION In the European session, we don’t have much on the agenda other than a couple of…
#Economy #centralbank #CentralBanks
https://www.europesays.com/3239527/

Bank of England rift deepens mortgage rate uncertainty

He was one of only three members to vote for a rise in July, while the majority, including…
#Economy #BankofEngland #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #fixedratemortgages #swaprates #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3239524/

Gold leaves New York as the dollar system cracks

Gold bars held by the Dutch central bank. The Netherlands has moved a large part of its gold…
#Economy #centralbank #CentralBanks
https://www.europesays.com/3239278/

Most of Bangladesh’s 14,000kg gold reserves stored in UK

Bangladesh Bank currently has around 14,278kg of gold in its reserves, worth approximately Tk13,436 crore (134.3 billion). A…
#Economy #bangladeshbank #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #England #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #Gold #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3239275/

The Sneaky Attempt to End Cash

https://www.youtube.com/watch?v=1CZspAptXwQ

The End of Cash | Plain Meaning

On August 7th, 2026, a mostly empty Senate chamber passed a bill that
most Americans have never heard of. There was no recorded vote. Just
silence. And in that silence, something significant happened.

The Common Cents Act would end production of the penny permanently.
But buried inside an amendment introduced at 10:53pm by a blockchain
entrepreneur turned senator was something nobody really talked about.
It was a provision that would give the Secretary of the Treasury the
power to eliminate every coin in American circulation. The nickel. The
dime. The quarter. All of it could be gone with nothing but 60 days
notice to Congress.

In this episode of Plain Meaning, I break down exactly what happened
that night, who was behind it, and what they stand to gain. I look at
a senator known as the "crypto queen" and another senator who made his
money selling cars, and how they stand to gain from all this. I also
look at the firms behind them and why eliminating physical cash would
make them extraordinarily powerful.

I also ask the question nobody in Washington is asking--what happens
when the lights go out and your only form of payment is digital? What
happens when your digital wallet gets hacked? And what does it mean
for every American when a handful of technology firms control the
infrastructure every single transaction in your life must go through?

Physical cash is the only form of payment that requires no middleman,
no electricity, no network, and no permission. This episode explains
why that matters--and what you can still do about it.

The bill has not yet become law. The House must still vote on the
Senate version. There is still time. But only if people know what is
happening.

CHAPTERS:
0:00 — Introduction: When the Lights Go Out
3:19 — The Echo Chamber: What Happened on August 7th
6:30 — The Pushers: Who Is Behind This Bill
9:27 — Sneaky Sneaky: How They Passed It Without a Vote
11:38 — The New Middlemen: What a World Without Cash Really Looks Like

SOURCES:
— Common Cents Act (S.1525) — congress.gov
— Senate Amendment SA 6766 — Congressional Record S4586-S4588
— Senator Lummis financial disclosures — senate.gov
— FEC campaign finance records — fec.gov
— Andreessen Horowitz political spending — opensecrets.org
— Canada penny elimination study — Bank of Canada
— GENIUS Act text — congress.gov
— Chainalysis government contracts — justice.gov

#EndOfCash #CommonCentsAct #Penny #CynthiaLummis #BernieMoreno
#Bitcoin #Crypto #DigitalCurrency #CashIsKing #Senate #Congress
#PlainMeaning #CryptoQueen #AndriessenHorowitz #Blockchain
#PhysicalCash #KeepCash #LummisAmendment #DigitalWallet #CBDCWarning
#FinancialFreedom #CashPrivacy #SenateVote #UnanimousConsent
#CryptoIndustry #SaveThePenny #FederalReserve #TreasuryDepartment
#ScottBessent #KeepCash

#PlainMeaning #Documentary #NationalID #CashlessSociety #CBDC #CentralBanks #Surveillance #Censorship

The Sneaky Attempt to End Cash

https://www.youtube.com/watch?v=1CZspAptXwQ

The End of Cash | Plain Meaning

On August 7th, 2026, a mostly empty Senate chamber passed a bill that
most Americans have never heard of. There was no recorded vote. Just
silence. And in that silence, something significant happened.

The Common Cents Act would end production of the penny permanently.
But buried inside an amendment introduced at 10:53pm by a blockchain
entrepreneur turned senator was something nobody really talked about.
It was a provision that would give the Secretary of the Treasury the
power to eliminate every coin in American circulation. The nickel. The
dime. The quarter. All of it could be gone with nothing but 60 days
notice to Congress.

In this episode of Plain Meaning, I break down exactly what happened
that night, who was behind it, and what they stand to gain. I look at
a senator known as the "crypto queen" and another senator who made his
money selling cars, and how they stand to gain from all this. I also
look at the firms behind them and why eliminating physical cash would
make them extraordinarily powerful.

I also ask the question nobody in Washington is asking--what happens
when the lights go out and your only form of payment is digital? What
happens when your digital wallet gets hacked? And what does it mean
for every American when a handful of technology firms control the
infrastructure every single transaction in your life must go through?

Physical cash is the only form of payment that requires no middleman,
no electricity, no network, and no permission. This episode explains
why that matters--and what you can still do about it.

The bill has not yet become law. The House must still vote on the
Senate version. There is still time. But only if people know what is
happening.

CHAPTERS:
0:00 — Introduction: When the Lights Go Out
3:19 — The Echo Chamber: What Happened on August 7th
6:30 — The Pushers: Who Is Behind This Bill
9:27 — Sneaky Sneaky: How They Passed It Without a Vote
11:38 — The New Middlemen: What a World Without Cash Really Looks Like

SOURCES:
— Common Cents Act (S.1525) — congress.gov
— Senate Amendment SA 6766 — Congressional Record S4586-S4588
— Senator Lummis financial disclosures — senate.gov
— FEC campaign finance records — fec.gov
— Andreessen Horowitz political spending — opensecrets.org
— Canada penny elimination study — Bank of Canada
— GENIUS Act text — congress.gov
— Chainalysis government contracts — justice.gov

#EndOfCash #CommonCentsAct #Penny #CynthiaLummis #BernieMoreno
#Bitcoin #Crypto #DigitalCurrency #CashIsKing #Senate #Congress
#PlainMeaning #CryptoQueen #AndriessenHorowitz #Blockchain
#PhysicalCash #KeepCash #LummisAmendment #DigitalWallet #CBDCWarning
#FinancialFreedom #CashPrivacy #SenateVote #UnanimousConsent
#CryptoIndustry #SaveThePenny #FederalReserve #TreasuryDepartment
#ScottBessent #KeepCash

#PlainMeaning #Documentary #NationalID #CashlessSociety #CBDC #CentralBanks #Surveillance #Censorship

The Sneaky Attempt to End Cash

https://www.youtube.com/watch?v=1CZspAptXwQ

The End of Cash | Plain Meaning

On August 7th, 2026, a mostly empty Senate chamber passed a bill that
most Americans have never heard of. There was no recorded vote. Just
silence. And in that silence, something significant happened.

The Common Cents Act would end production of the penny permanently.
But buried inside an amendment introduced at 10:53pm by a blockchain
entrepreneur turned senator was something nobody really talked about.
It was a provision that would give the Secretary of the Treasury the
power to eliminate every coin in American circulation. The nickel. The
dime. The quarter. All of it could be gone with nothing but 60 days
notice to Congress.

In this episode of Plain Meaning, I break down exactly what happened
that night, who was behind it, and what they stand to gain. I look at
a senator known as the "crypto queen" and another senator who made his
money selling cars, and how they stand to gain from all this. I also
look at the firms behind them and why eliminating physical cash would
make them extraordinarily powerful.

I also ask the question nobody in Washington is asking--what happens
when the lights go out and your only form of payment is digital? What
happens when your digital wallet gets hacked? And what does it mean
for every American when a handful of technology firms control the
infrastructure every single transaction in your life must go through?

Physical cash is the only form of payment that requires no middleman,
no electricity, no network, and no permission. This episode explains
why that matters--and what you can still do about it.

The bill has not yet become law. The House must still vote on the
Senate version. There is still time. But only if people know what is
happening.

CHAPTERS:
0:00 — Introduction: When the Lights Go Out
3:19 — The Echo Chamber: What Happened on August 7th
6:30 — The Pushers: Who Is Behind This Bill
9:27 — Sneaky Sneaky: How They Passed It Without a Vote
11:38 — The New Middlemen: What a World Without Cash Really Looks Like

SOURCES:
— Common Cents Act (S.1525) — congress.gov
— Senate Amendment SA 6766 — Congressional Record S4586-S4588
— Senator Lummis financial disclosures — senate.gov
— FEC campaign finance records — fec.gov
— Andreessen Horowitz political spending — opensecrets.org
— Canada penny elimination study — Bank of Canada
— GENIUS Act text — congress.gov
— Chainalysis government contracts — justice.gov

#EndOfCash #CommonCentsAct #Penny #CynthiaLummis #BernieMoreno
#Bitcoin #Crypto #DigitalCurrency #CashIsKing #Senate #Congress
#PlainMeaning #CryptoQueen #AndriessenHorowitz #Blockchain
#PhysicalCash #KeepCash #LummisAmendment #DigitalWallet #CBDCWarning
#FinancialFreedom #CashPrivacy #SenateVote #UnanimousConsent
#CryptoIndustry #SaveThePenny #FederalReserve #TreasuryDepartment
#ScottBessent #KeepCash

#PlainMeaning #Documentary #NationalID #CashlessSociety #CBDC #CentralBanks #Surveillance #Censorship