In yet another Wall Street giveaway, President Donald Trump on Friday afternoon took executive action to chip away at Dodd-Frank financial regulations and roll back rules aimed at reducing corporate tax avoidance.
A man holds a newspaper as he looks at an electronic board displaying stock prices at a brokerage house in Beijing, China, Dec. 5, 2016. (AP/Andy Wong)
Moments ago, all three main US FX pairs, the yen, euro and yuan snapped higher, following a CNBC report according to which the Trump administration is studying ways to penalize countries whose currencies it believes are undervalued. CNBC cited two unidentified people with direct knowledge of the review who work within the administration.
Over the last few hours the media has been full of reports concerning an apparent slight easing of sanctions by the US Treasury Department on Russia’s counter-intelligence agency, the FSB.
In a shocking new report, Seymour Hersh reveals what he says was a covert operation run by the Joint Chiefs of Staff who sought to undermine the Obama administration and the CIA’s goal of overthrowing the Assad regime in Syria. “If the American public saw the intelligence we were producing daily, at the most sensitive level, they would go ballistic.”
A Year in the World-Traveling Life of U.S. Treasury Secretary Jack Lew
By: Andrew Gavin Marshall
Originally posted at Occupy.com
15 October 2015
