Posted originally on CTH on January 12, 2026 | Sundance
National Economic Council Director Kevin Hassett appears on CNBC to discuss the current status of the Trump economy. Obviously, the first question to Hassett surrounds the announcement by Fed Chairman Jerome Powell that he is under a grand jury investigation.
Director Hassett rightly notes the DOJ is independently investigating the issues of Powell as a result of both a Senate Banking Committee (Tim Scott) and House criminal referral for misleading and false testimony related to the construction of the FED building in Washington DC. Both the decisions by the Federal Reserve and the Dept of Justice are not outcomes of President Trump’s decision making. Secondly, Hassett is considered a candidate to replace Powell in May, so it would be inappropriate for him to make any comments. WATCH:
Posted originally on CTH on January 12, 2026 | Sundance
Regardless of how you feel about the Federal Reserve Board, I think we would all agree the construct of an autonomous central bank is outside the boundaries of our constitutional framework. Factually, the Sea Island financial group set up the Federal Reserve as a system of control over the U.S. economy that was completely unnecessary.
That same ultra-constitutional mindset of omnipotent power permeates the recent statements by FED Chair Jerome Powell, who now attempts to evade a Dept of Justice investigation by hiding behind the ruse of his non-elected office.
Last year, facing ridiculous cost overruns, Congress questioned Powell over the insane spending proposal by Powell for a new office building. Chairman Powell characterized the construction changes, that escalated the cost of the project from $1.9 billion to $2.5 billion, as ‘minor modifications.’ That’s $2.5 billions of taxpayer money.
In an effort to both use his office as a defense, and simultaneously weaponize the power of his position, Jerome Powell waits until Sunday evening to announce he is being investigated by the DOJ [SEE HERE], and then he claims it is political targeting.
On Friday, the Department of Justice served the Federal Reserve with grand jury subpoenas, threatening a criminal indictment related to my testimony before the Senate Banking Committee last June. That testimony concerned in part a multi-year project to renovate historic Federal Reserve office buildings.
I have deep respect for the rule of law and for accountability in our democracy. No one—certainly not the chair of the Federal Reserve—is above the law. But this unprecedented action should be seen in the broader context of the administration’s threats and ongoing pressure.
This new threat is not about my testimony last June or about the renovation of the Federal Reserve buildings. It is not about Congress’s oversight role; the Fed through testimony and other public disclosures made every effort to keep Congress informed about the renovation project. Those are pretexts. The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President.
This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions—or whether instead monetary policy will be directed by political pressure or intimidation.
I have served at the Federal Reserve under four administrations, Republicans and Democrats alike. In every case, I have carried out my duties without political fear or favor, focused solely on our mandate of price stability and maximum employment. Public service sometimes requires standing firm in the face of threats. I will continue to do the job the Senate confirmed me to do, with integrity and a commitment to serving the American people.
Thank you.”
Most Americans do not understand what the Federal Reserve Bank does, let alone grasp the concept of how the Federal Reserve construct has been weaponized against their economic interests.
Ultimately, at the core of the issues with the FED is the need for power and control by those who exist in the strata of high finance and banking; essentially, the originating assembly we call the Sea Island group. This group, in synergy with the Federal Reserve, operates to control the U.S. government through monetary policy. There is no other reason for the group to exist.
There’s no reason why banking (interest) rates cannot be localized, determined by each financial institution according to their specific area of focus, and the control of capital outflows determined at a level closest to the Main Street enterprise.
For decades a growing number of voices have been against the FED control over U.S. monetary policy. However, the independent fiat of the FED is defended by all the beneficiaries of the controlled financial system.
Jerome Powell has consistently been politicizing his office through the use of policy. Now, he is claiming to be the victim of politicization, because he is being subjected to the same investigative rules that would apply to any other financial institution head who was guilty of fraud and/or mismanagement.
Posted originally on CTH on January 11, 2026 | Sundance
It appears that Minnesota Governor Tim Walz is about to discover what happens when you anger the Treasury Secretary, who happens to be the IRS Commissioner. WATCH (Prompted):
Posted originally on CTH on January 9, 2026 | Sundance
On Wednesday, a confrontation between ICE agents and an aggressive anti-ICE protester in Minneapolis resulted in the ICE officer defending himself while a vehicle was weaponized against him. The female driver named Renee Nicole Macklin Good (37) was shot and killed.
Antifa aligned activists had been chasing and using their vehicles to block ICE officials, while trying to disrupt immigration enforcement operations throughout the Minneapolis area. In newly obtained video (w/audio) from the event, Renee Good and her wife are shown in the moments of the encounter. The video is from Alpha News:
I suggest turning the audio on to understand the nature of the hostility being faced by the ICE officers.
BREAKING: Alpha News has obtained cellphone footage showing perspective of federal agent at center of ICE-involved shooting in Minneapolis pic.twitter.com/p2wks0zew0
Posted originally on CTH on January 9, 2026 | Sundance
Treasury Secretary Scott Bessent is leading the charge to focus on Minneapolis, Minnesota Somali fraud rings for targeted regional actions. The IRS Criminal Investigations division has been dispatched to focus on the Minneapolis region to identify fraudulent use of public assistance services, combined with the abuse of federal taxpayer funds.
These fraud cases, ongoing since the early 2020s and intensifying in 2024–2026, involve allegations of misappropriating hundreds of millions (potentially up to several billions) in taxpayer funds intended for child nutrition, autism therapy, housing stabilization, personal care assistance, and other Medicaid programs.
In a remarkable approach, Secretary Bessent announced during a Fox News interview that a regional targeting effort is now underway that will block anyone who receives public assistance from sending money overseas (remittances to foreign countries). This is not a fee or tax on the remittance, or financial transaction; this is a complete block of their ability to send money overseas. Anyone receiving public assistance will not be able to send money to foreign lands.
Yes, it seems like this is initially going to be subject to the honest admission of the money sender. However, with the IRS reviewing each transfer and cross referencing to public assistance records anyone who attempts to work around this regulation will be subject to federal laws on financial fraud, wire service fraud and potentially money laundering. WATCH:
The interagency focus will eventually go nationwide, as with the new USAO position that focuses on public assistance fraud; but for now, that focused effort will target Minnesota. Minneapolis will be the beta test for a national rollout.
All of the money service businesses in the region will now be reviewed and all financial transactions of $3,000 will be required to have an accompanying Suspicious Activity Report (SAR). With DHS, FBI and now IRS investigators focused exclusively on the two counties involved in the Somali fraud rings, the fraudsters will be identified and prosecuted.
Posted originally on CTH on January 8, 2026 | Sundance
This is a good move. Given that Democrats and professional leftists are trying to create a national anti-Trump narrative based on the Minneapolis, Minnesota, ICE shooting incident, Vice-President JD Vance will be supporting White House Press Secretary Karoline Leavitt at the podium today. The anticipated press briefing is at 1:00pm ET.
Minnesota officials and activists are changing the headline topic from rampant fraud and criminal theft centered in the ethnic Somalia enclaves of the Minneapolis community, to the issue of federal law enforcement shooting an anti-ICE activist. The scale of the Democrat reaction is in direct proportion to the scale of the Democrat fraud they are distracting from.
Posted originally on CTH on January 8, 2026 | Sundance
This is a good move. Given that Democrats and professional leftists are trying to create a national anti-Trump narrative based on the Minneapolis, Minnesota, ICE shooting incident, Vice-President JD Vance will be supporting White House Press Secretary Karoline Leavitt at the podium today. The anticipated press briefing is at 1:00pm ET.
Minnesota officials and activists are changing the headline topic from rampant fraud and criminal theft centered in the ethnic Somalia enclaves of the Minneapolis community, to the issue of federal law enforcement shooting an anti-ICE activist. The scale of the Democrat reaction is in direct proportion to the scale of the Democrat fraud they are distracting from.
Posted originally on CTH on January 8, 2026 | Sundance
As the Democrat political apparatus, leftist agitators and all foot soldiers have been activated to trigger national protests, outrage and George Floyd type violence in response to the ICE shooting of Renee Nicole Macklin Good (37), DHS Secretary Kristi Noem will hold a press conference.
Minnesota officials and activists are using the shooting to change the topic from rampant fraud and criminal theft centered in the ethnic Somalia enclaves of the Minneapolis community, to the issue of federal law enforcement shooting an anti-ICE activist. The scale of the Democrat reaction is in direct proportion to the scale of the Democrat fraud they are distracting from.
President Trump’s Border Czar Tom Homan speaks with “CBS Evening News” anchor Tony Dokoupil about the Minneapolis ICE shooting, the Trump administration’s immigration enforcement operations and more.
Posted originally on CTH on January 4, 2026 | Sundance
Many on the political left, and even a few on the political right, are having fits about President Trump authorizing the operation to capture Venezuela president and narcotrafficker Nicolas Maduro without any congressional notification.
Several House members attempted to frame the issue as Trump acting as a dictator. A few called attention to the lack of the Gang of Eight being notified, and even some Republican senators on the Senate Armed Services Committee were concerned with the military deployment without advance notice.
If a covert intelligence operation was deployed, the President would sign a “finding memo” generally notifying the Gang of Eight, but that doesn’t apply in this instance.
President Trump remarked a concern with leaks was an element, saying that Congress has “a tendency to leak,” which he said could have produced “a very different result.” However, Secretary Marco Rubio was purposefully clear in his statement about the operation.
“This is not the kind of mission that you can do congressional notification on. It was a trigger-based mission in which conditions had to be met night after night,” Rubio said later at a Mar-a-Lago news conference. “Remember, at the end of day, at its core, this was an arrest of two indicted fugitives of American justice, and the Department of War supported the Department of Justice in that job. Now there are broader policy implications here, but it’s just not the kind of mission that you can pre-notify because it endangers the mission,” he said.
Senate Intelligence Committee Chairman Tom Cotton affirmed after discussion with Rubio, “congress doesn’t need to be notified ever time the executive branch is making an arrest. And that’s exactly what happened this morning in Venezuela, and now Maduro is going to come to the United States, and he’s going to face justice.”
This is an important distinction. The DEA and DOJ carried out an arrest of an indicted drug trafficker.
This was, as Rubio noted, a law enforcement operation to capture fugitives. The military component was in support of that operation, nothing more. The DOJ had the lead; the DEA was the enforcement mechanism, and the military were in tactical support.
Pertaining to the “broader policy implications” noted by Rubio, there are many facets. As accurately noted by Cynical Publius:
“Under Maduro, Venezuela had become the Latin American crossroads for all of the USA’s principal enemies. Maduro was nurturing relationships with Russia, Hezbollah and Iran. Worst of all, Venezuela was eagerly becoming a part of Red China’s Belt & Road initiative.
As America’s enemies were lining up Venezuela as their base of operations in the Western Hemisphere to cause mischief and destruction for the USA, Maduro was at the same time making Venezuela a crossroads, safe haven and enabler for all manner of narcoterrorist operations, ranging from Colombia’s FARC to Mexico’s Sinaloa cartel.
On top of all that, Venezuela had become a key player in the illegal alien invasion of the USA, shipping its very worst to the USA in a deliberate and comprehensive destabilizing operation that might have worked had Donald Trump not won in 2024.
[…] So was Maduro seized because of some five-year-old drug charges? Yes. Legally–yes. However, like so many strategic issues in the world today, an action needed to be backed by the fine points of law, and it was. But the reality is that the Maduro takedown was a Monroe Doctrine-driven necessity that has greatly enhanced the power and national security of the USA. (read more)
However, beyond the geopolitical issue that relates to all the above, there is another consideration that might help explain the immediate and alarmed reaction of Mexico.
With President Trump now forcefully executing exfiltration of narcotic drug traffickers, the ramifications for Mexico and the Cartels who own/operate the Mexican government take on a new context.
If the U.S. will raid Venezuela, will the U.S. now conduct a similar approach closer to home?
OFFICIAL STATEMENT: Mexico condemns military intervention in Venezuela – The Government of Mexico strongly condemns and rejects the military actions carried out unilaterally in recent hours by armed forces of the United States of America against targets in the territory of the Bolivarian Republic of Venezuela, in clear violation of Article 2 of the Charter of the United Nations (UN).
Based on its foreign policy principles and its pacifist vocation, Mexico makes an urgent call to respect international law, as well as the principles and purposes of the UN Charter, and to cease any act of aggression against the Venezuelan government and people.
Latin America and the Caribbean is a zone of peace, built on the basis of mutual respect, the peaceful settlement of disputes and the prohibition of the use and threat of force, so that any military action puts regional stability at serious risk.
Mexico emphatically reiterates that dialogue and negotiation are the only legitimate and effective ways to resolve existing differences and therefore reaffirms its readiness to support any effort to facilitate dialogue, mediation or accompaniment that would help to preserve regional peace and avoid confrontation.
It also urges the United Nations to act immediately to contribute to the de-escalation of tensions, facilitate dialogue and create conditions that allow for a peaceful, sustainable solution in accordance with international law. (link)
Reconsider these words from Rubio, against the backdrop of what Mexico is known for. WATCH:
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