While some may have called it a conspiracy theory at one point, a new report is shedding light on the United States Intelligence services’ cozy relationship with the nation’s central banking structure, and how they collaborate to spy on foreign banks.
Confidential accounts within the Federal Reserve have been used by the U.S. Treasury and other departments “several times a year to analyze the asset holdings of the central banks of Russia, China, Iraq, Turkey, Yemen, Libya and others,” according to a report from Reuters that cites more than a dozen current and former senior U.S. officials.
The U.S. central bank keeps a tight lid on information contained in these accounts. But according to the officials interviewed by Reuters, U.S. authorities regularly use a ‘need to know’ confidentiality exception in the Fed’s service contracts with foreign central banks.
The report claimed that the exception was used by U.S. federal officials “to glean information about the movement of funds in and out of the accounts.” That information was then used to help the U.S. “monitor economic sanctions, fight terror financing and money laundering, or get a fuller picture of market hot spots around the world.”
The Federal Reserve was established in 1913, and the current headquarters in New York houses around $3.3 trillion in assets from around 250 foreign central banks—which adds up to about half of the world’s dollar reserves.
In all, the people interviewed by Reuters identified seven instances in the last 15 years in which the accounts gave U.S. authorities insights into the actions of foreign counterparts or market movements, at times leading to a specific U.S. response.
The report cited a case from March 2014, in which U.S. intelligence used the Federal Reserve loophole to monitor Russia after its invasion of Crimea. As a result, when the Obama administration responded by placing economic sanctions on Russia, and the foreign holdings at the New York Fed dropped by $115 billion, the U.S. automatically knew that Russia’s central bank had pulled its funds.
The Federal Reserve acknowledged the practice of disclosing account intelligence, but attempted to downplay it, by claiming it was only used on “rare occasions.”
“While our account agreement does provide for the sharing of information with the U.S. government in limited circumstances, we require a clearly demonstrated need for the information and a commitment that the information will be treated confidentially,” a New York Fed spokeswoman told Reuters. “This exception has been used on rare occasions and on a limited basis for such issues as compliance with sanctions requirements and anti-money laundering principles.”
Reuters noted that the requests from information through the Federal Reserve “became more frequent after the passage of the 2001 U.S. Patriot Act, mostly from the Office of Foreign Assets Control, a Treasury division enforcing sanctions and targeting terrorist financing, money laundering, and weapons and drugs trafficking.”
The Free Thought Project has reported on multiple instances of the failure of the Federal Reserve. In June 2016, former Federal Reserve Chairman Alan Greenspan even warned that the world is in “the worst period” he has ever seen.
“If we went back on the gold standard and we adhered to the actual structure of the gold standard as it exited prior to 1913, we’d be fine,” Greenspan said. “Remember that the period 1870 to 1913 was one of the most aggressive periods economically that we’ve had in the United States, and that was a golden period of the gold standard. I’m known as a gold bug and everyone laughs at me, but why do central banks own gold now?”
Even Donald Trump called for an audit of the Federal Reserve. However, like most of his promises, this one will most likely be broken too — just as Ron Paul predicted last year.
It is so important to audit The Federal Reserve, and yet Ted Cruz missed the vote on the bill that would allow this to be done.
— Donald J. Trump (@realDonaldTrump) February 22, 2016
There have also been multiple versions of legislation seeking to “Audit The Fed,” in order to gain insight into how the world’s most powerful financial institution conducts its business. The latest version was sponsored by Kentucky Sen. Rand Paul, and was approved by the Republican-controlled Committee on Oversight and Government Reform in March.
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While the report does serve as a reminder of the capabilities of U.S. intelligence, it shouldn’t come as a surprise. Countries such as Iraq, Libya and Syria have all felt the wrath of the United States after their respective leaders chose to drop the U.S. dollar—and each invasion should serve as a reminder of the power of coercion between the government and the media to push an agenda that furthers the U.S. central banking system.
Rachel Blevins is a Texas-based journalist who aspires to break the left/right paradigm in media and politics by pursuing truth and questioning existing narratives. This article first appeared here at The Free Thought Project.
If the author is interested in truth he would never write that “Russia invaded Ukraine”. This would make many who visit this site doubt the accuracy of everything else in the article.
“The report cited a case from March 2014, in which U.S. intelligence used
the Federal Reserve loophole to monitor Russia after its invasion of
Crimea. ” I would like to add that there is no evidence to such claims, That the Russians invaded Crimea. I do believe they voted 97% (The official result from the Autonomous Republic of Crimea was a 96.77 percent vote for integration of the region into the Russian Federation with an 83.1 percent voter turnout) Anyways 3 sec search got me the correct info maybe you should edit your article When you sare invaded there is no democratic voting.
And btw if voting made a difference it would be illegal
That is very similar to a Mark twain quote.
Yes it is a struck me with great wonder wjen i discovered that it’s not an Election but more of a Selection and I’m pretty sure i have no say in it. As George Carlin said It’s a big club and you ain’t in it, btw it’s the same club they beat you over the head with .” https://youtu.be/rsL6mKxtOlQ
Th unfed privately owned b.s. bank of the U.S. pumps and dumps every 7 years.
They have stolen the wealth of the world via usury and taxes.
They bring only misery to the commoner.
They print counterfeit money.
End the Fed and all zentral bankz.
The Fed was ended in 1933; it was dissolved, it being bankrupt and insolvent, and it has never been reinstated, nor reauthorized. What we have now is a foreign corporation pretending to be “The Fed”, “in name only”, or a big, fat, whopping fraud with no real authority, as well as one of the greatest “C-Words” of all times:
“It is an established fact that the United States Federal Government has been dissolved by the Emergency Banking Act [Social Security Act], March 9, 1933, 48 Stat. 1, Public Law 89-719; declared by President Roosevelt, being bankrupt and insolvent.” H.J.R. 192, 73rd Congress in session, June 5, 1933.
Joint Resolution to Suspend the Gold Standard and Abrogate. The Gold Clause dissolved the Sovereign Authority of the United States and the official capacities of all United States Governmental Offices, Officers, and Departments, and is further evidence that the United States Federal Government exists today in name only. United States Congressional Record, March 17, 1933 Vol. 33.
So if all departments, offices and officers of the Fed have been dissolved, there is absolutely no federal government hence, no Treasury Department. This foreign corporation cleverly “reorganized” our government.
The United States has not had a Treasury since 1921. 41 Stat. Ch. 214 p. 654.
The U.S. Treasury is now the IMF. Presidential Documents Volume 29 – No. 4 p. 113, 22 U.S.C. 285-288.
“The IRS is not a U.S. government agency. It is an agency of the IMF. Diversified Metal Products v. IRS et al. July 1996, CV-93-405E-EJE U.S.D.C.D.I, Public Law 94-564, Senate report 94-1148 pg. 5967, Reorganization Plan No. 26, Public Law 102-391.
The IMF is an agency of the U.N. Black’s Law Dictionary 6th Ed. p. 816.
A 1040 Form is for Tribute paid to Britain. IRS Publication 6209. (The Crown Corp.)
Britain is owned by the Vatican. Treaty of 1213.
The Pope can abolish any law in the United States. Elements of Ecclesiastical Law, Vol. 1, 53-54.
PS I urge you all not to take my word for it, please research these yourself, but keep in mind, Google and other search engines, in their infinite collusion, have very recently placed debunking articles at the top of these searches. So be sure to scroll down to get a bigger, more accurate record of these case laws, congressional records, and historical data. That in itself is very suspicious, and pretty much validates the truth, which is finally coming out.
When you search use ixquick or duckduckgo.
There are a few more that don’t track.
Anything published by Reuters, Associated Press, RT, et al is government created and sanctioned propaganda. They’re still trying to hide the truth and control the narrative, but it’s not working. This is why I love the internet – their plan to control the narrative absolutely has absolutely backfired. We know the truth now, and it will set us all free, literally, legally, and lawfully from their fraudulent bonds. Can’t wait for the masses to learn the truth too, and it’s happening as I type, because we will see the biggest ousting of corrupt and treasonous leaders, officers, departments, politicians, dissemblers, lawyers and judges, as well as the armed thugs they use to beat us down, of all time. I hope I’m still alive to see it, because it will indeed be a thing of beauty.
The Fed is the Organization that Legally mandates the Secret Service. It’s in the Law, look it up. This report doesn’t go far enough.
Other then for monetary trading expediency why in the World would any nation trust their central bank assets to the US. Physical possession of monetary instruments is nine tenths of the law. The US Fed should not be trusted with any other nation’s cash reserves.
The writer must of gotten confused when sculpting this article, as it is the CIA that works for the FED, and the FED is under the bank of banks, the BIS–Bank of International Settlements–in Switzerland.
“The world will not know peace until the last central banker is strangled with the entrails of the last Zionist”