Introducing ERS, Ending Income Tax as we Know it

Introducing ERS, Ending Income Tax as we Know it

Mark Moss:  1-21-2025

What if the dreaded annual ritual of filing income tax could be banished to the history books? Imagine a world where your hard-earned paycheck isn’t immediately chipped away by the IRS.

It might sound like a financial fantasy, but President Donald Trump is suggesting just that, with a revolutionary proposal to fundamentally alter the American taxation system.

Trump’s plan, dubbed the External Revenue Service (ERS), isn’t about tinkering around the edges. It proposes a complete overhaul, aiming to remove the burden of income tax from American citizens entirely.

The radical shift? Generating government revenue not from internal income, but primarily from foreign trade. This audacious plan, far from being a modern invention, actually echoes the way the U.S. used to fund itself in the past.

Mark Moss, a financial commentator known for his insights, has delved into the details of Trump’s ambitious ERS proposal, revealing the potential ramifications for the U.S. and the world. This isn’t just a political talking point; it’s a seismic shift in financial philosophy that could redefine how America funds its government.

The premise of the ERS is surprisingly straightforward: instead of taxing your wages, the government would primarily collect revenue through tariffs and other fees on goods and services entering the U.S. This would mean that businesses importing goods would contribute directly to government funds, rather than individuals shouldering the burden of income tax.

Skeptics abound, and for good reason. Implementing such a sweeping overhaul of the taxation system would be an incredibly complex political undertaking. There would need to be a complete overhaul of infrastructure and potentially new departments to facilitate this change. This would involve a huge amount of legislative support and public buy-in.

While the probability of the ERS becoming a reality remains uncertain, the discussion itself is crucial. Whether it succeeds or not, this proposal could initiate a much-needed conversation about the very foundations of taxation and whether the current model best serves America.

President Trump’s ERS proposal is far more than just a political talking point; it’s a potential paradigm shift in how governments are funded and how citizens participate in the economy. While challenges and uncertainties remain, the prospect of a tax system that frees Americans from income tax is a tantalizing one.

Whether this radical vision comes to fruition or not, it’s undoubtedly a financial development worth watching, as it could very well be one of the most significant financial shifts of our lifetime.

https://youtu.be/u_mVPIZPpfk

“Coffee With MarkZ” Wednesday Morning Chat 1-22-2025

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: A very chilly good Wednesday morning!!!

Member: Mark are you still feeling like it will happen this month?

Member: MilitiaMan theorizes that the ID is worth 40% more than the Kuwait dinar due to oil reserves. My math guesses it will be around $4.50+ or –

MZ: I very much agree with MilitiaMan. I don’t know if he took into account the 2 billion barrels of oil they just discovered this week…..but it is looking good..

Member: Glad to see everyone here today….any news from historic bond folks yet Mark?

MZ: We did get one update from a bond conference call last night that yes….They were told in that call that President Trump was the magic and things are now moving forward. They have their marching orders and expect to deliver everything to them tomorrow on their final contracts.

MZ: That now makes two check-ins saying now that Trump is in office- the decision was made and they are now moving forward. I am very hopeful to get more confirmations from other bond contacts today.

Member: So have they been PAID?

MZ: No they have not been paid yet –They were told they are putting money in accounts to be funded on Thursday. That is what they expect as of last night.

Member: Historical Bondholders will be Hysterical Bondholders if not getting their fungible $$ now

Member: Do we still have to wait for 30% of the bonds to go before we get to go?

MZ: I don’t think we have to wait for 30% to go. I think now- when they pull the trigger it will all go at one time…..at this point…

Member: Didn't ol Charlie Ward say it would be on a Thurs? fingers crossed

Member: What is happening in Reno?

MZ: That is where one of my bond updates came from. Specifically on German Bonds

Member: funny that Pres trump is going to California on Friday to visit the fire area….AND stopping in Nevada to thank them for voting for him. Could he be stopping in Reno possibly…..I think he could …sure is a coincidence.

Member: I wonder what's the ETA for IQD appearing on Forex?

MZ: I may get egg on my face- but I think we may see the IQD on forex Saturday night into Sunday Morning

MZ: I have not yet heard anything from the Indian Nations and three big 4a groups.

Member: if Pres Trump wanted to make America Great Again, why would he not get this trigger pulled ASAP?

MZ: He has only been president 48 hours…..patience.

Member: What's the connection between bonds and iraqi RV?

Member: Historic bonds are supposed to go right before we currency holders get notifications to exchange….so once bonds start paying….we know we are next in line.

Member: Mark, if you are saying these bond holders are 4A, does this mean we are THAT close?

Member: tiers posted years ago….probably still valid: There are 5 Tiers of folks Exchanging. Tier 1-governments and royalty Tier 2-whales-elite with platforms of currency, corporations, etc. Tier 3-Admirals Group, American Indians, CMKX, large church groups (like the Mormons), historic bonds etc. Tier 4-all the hundreds of thousands paying attention to intel - internet groups(all of us). Tier 5- those who never paid attn - the general public.

MZ: “Member of parliamentary finance determines the most dangerous matter in the 2025 budget” he says its getting the budget completed so things can stay on track with projects…..This is a huge part of the future and growth of Iraq. They need to settle budget this week so the projects do not stall. .

Member:  Bank source told me yesterday that a guy said he was leaving the bank to go to redemption center. I was told he used to work for the federal government in finance and has been waiting for 18 yrs.

Member: Any new predicted rate on dinar and dong.

MZ: Still hearing and what makes the most sense is $4-$4.50 on dinar and $2 to $3 bucks on the VND. Some of the rates we have seen most often is $3.90 to $4 showing up on dinar and $2.40 to $2.50 showing up for the dong. We won’t now for sure until we are at the banks.

Member: I am friends with a Vietnam family - they confirmed just above $2.00 - they brought me Dong

​​Member: Rumor- I’ve heard lower notes are in ATM’s in Iraq.

MZ: My boots on the ground say the ATMS don’t have LD’s in them yet. Contacts that work in banking over there say they do have them ready and the technology and machines are there and they could start distributing lower denominations at any moment.

Member: We may be still waiting for Gold backed currency for the US??

Member: Mark- will you still have a special livestream as soon as it happens?

MZ: I absolutely will have a live stream the minute it happens …everything is set up to quickly go “live”

Member: Wolverine and Bruce both openly admitted being fed disinformation to throw off the timing of this.

Member: My guess is many were fed misinformation for that reason.

Member: I can’t wait for the day everything is in the up and up - no more reading between the lines, no more “movie”, no more BS! I’m ready for REAL!!!!!!!

Member: There is so much hope and optimism in our world. We must be patient and use our ears more than our mouth during this transition.

Member: Thanks Mark and mods…everyone have a wonderful day.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

Twitch:   https://www.twitch.tv/theoriginalmarkz

Youtube:    https://www.youtube.com/watch?v=N_GPnL_rVlA

Seeds of Wisdom RV and Economic Updates Wednesday Morning 1-22-25

Good Morning Dinar Recaps,

EU ENFORCES STRICT STABLECOIN REGULATIONS, ORDERS REMOVAL OF NON-COMPLIANT TOKENS

The EU regulator has ordered all crypto exchanges to remove unauthorized stablecoins like Tether by March 2025, with a ban on new acquisitions starting January 2025, as part of its comprehensive stablecoin regulation implementation.

▪️EU regulator ESMA mandates crypto exchanges remove non-compliant stablecoins by end of Q1 2025
▪️Tether’s USDT will be affected as it lacks EU authorization and has no plans for MiCA compliance
▪️Exchanges must stop enabling clients to acquire unauthorized stablecoins by January’s end
▪️Clients holding non-compliant stablecoins have until March to convert to compliant alternatives
▪️Major exchanges like Coinbase have already begun restricting services for non-compliant stablecoins

The European Securities and Markets Authority (ESMA) has issued a clear directive to the 27 EU member states requiring the removal of non-compliant stablecoins from trading platforms.

 The announcement sets a firm deadline of Q1 2025 for full compliance with the EU’s stablecoin regulations.

Under the new requirements, crypto asset service providers (CASPs) must cease offering trading services for unauthorized asset-referenced tokens (ARTs) and electronic money tokens (EMTs). This mandate specifically targets stablecoins that lack proper EU authorization, notably affecting major players like Tether’s USDT.

The timeline established by ESMA requires exchanges to stop enabling new acquisitions of unauthorized stablecoins by the end of January 2025. Current holders of these assets will have until the end of March to convert their holdings to compliant alternatives, ensuring an orderly transition in the market.

Leading cryptocurrency exchange Coinbase has already taken steps to align with these requirements. The company restricted services related to non-compliant stablecoins for its Retail, Exchange, and Prime Vault customers across its European operations starting December 13, 2024.

Tether, one of the largest stablecoin issuers globally, has shown its response to the regulatory pressure by discontinuing its euro stablecoin, EURT, in November. The company has not obtained the necessary e-money license to operate within the EU, unlike competitor Circle, which secured its license in July.

The European Commission has provided additional clarity on the regulations through Peter Kerstens, an advisor involved in drafting the legislation. Kerstens emphasized that the rules are straightforward: unauthorized crypto-assets cannot be listed, regardless of their underlying currency.

Questions had arisen in the crypto community about whether the regulations would affect stablecoins that were already listed before the MiCA regulations came into force. The Commission’s clarification confirms that pre-existing listings are not exempt from the new requirements.

The regulatory framework requires that any entity offering or seeking admission for stablecoins within the EU must either be a bank or an e-money institution and publish a white paper. Third parties may offer these tokens only with the issuer’s consent, and the issuer must still maintain proper authorization.

ESMA’s clarification came after the authority itself sought guidance from the European Commission, highlighting the complexity of implementing these regulations.

This consultation process has resulted in a clear interpretation: crypto exchanges qualify as third parties seeking admission and must ensure their listed stablecoins comply with all regulatory requirements.

For crypto exchanges operating in the EU, this means conducting a thorough review of their stablecoin offerings. They must verify that each listed stablecoin either has proper authorization or must be removed from their trading platforms by the specified deadline.

The regulations also address concerns about monetary sovereignty, particularly regarding non-Euro stablecoins. However, these rules primarily focus on real-world payments rather than crypto trading activities.

EU authorities are emphasizing the importance of an orderly transition to prevent market disruption. Exchanges are expected to communicate clearly with their users about the upcoming changes and provide guidance on converting non-compliant stablecoin holdings.

Industry observers note that these measures align with the EU’s broader strategy to create a regulated and secure cryptocurrency market. The clear deadlines and requirements aim to provide stability and protection for market participants.

Current holders of non-compliant stablecoins are advised to stay informed about their exchange’s compliance timeline and prepare for the necessary conversions before the March deadline. Exchanges are expected to provide detailed instructions and support for this transition process.

@ Newshounds News™

Source:  Blockonomi

~~~~~~~~~

CIRCLE STRENGTHENS USDC ECOSYSTEM WITH HASHNOTE ACQUISITION AND TOKENIZED FUNDS

▪️Circle’s acquisition of Hashnote and integration of USDC and USYC into the Canton Network strengthen its position in tokenized finance, bridging DeFi with traditional markets.

▪️Circle’s innovations and increased demand for tokenized assets could drive Ethereum adoption, reinforcing its role as a foundational blockchain in global finance.

After Circle donated 1 million USDC to Trump’s inaugural committee, CNF highlighted this as a significant step in showcasing stablecoin acceptance in mainstream politics. Circle’s next move, the acquisition of Hashnote, further expands its influence in tokenized asset growth and the $48 billion USDC stablecoin ecosystem.

Hashnote, a leader in tokenized real-world assets and creator of USYC, a $1.3 billion tokenized money market fund, is a strategic acquisition that positions Circle at the forefront of bridging blockchain technology with traditional finance. The acquisition was announced in a tweet, emphasizing its positive implications.

The integration of USYC with Circle’s platform enables it to serve as yield-bearing collateral on major digital asset exchanges and institutions, strengthening both the USDC and USYC ecosystems.

Strengthening USDC and USYC Ecosystems

Circle plans to integrate USDC and USYC into the Canton Network, a blockchain designed for real-world asset transactions backed by leading financial institutions. 

A tweet from Circle highlighted the partnership with DRW, a prominent traditional and crypto market player via its affiliate Cumberland, as a critical step in enhancing institutional adoption and operational efficiency in digital finance.

The partnership with DRW, a major player in traditional and crypto markets via its affiliate Cumberland, is a huge unlock for supporting USDC and USYC and elevating institutional adoption and operational efficiencies in digital finance.

This integration provides seamless convertibility between cash (USDC) and yield-bearing assets (USYC), ensuring liquidity and bridging decentralized finance (DeFi) with traditional financial markets. Circle’s collaboration with Cumberland also improves liquidity and collateral management for institutional digital asset transactions.

Circle CEO Jeremy Allaire emphasized the company’s commitment to shaping the future of tokenized finance by uniting liquid payment systems with yield-bearing assets. This acquisition marks a significant step toward creating a unified system where tokenized cash and money markets coexist, driving adoption across global trading platforms.

Implications for Ethereum’s Ecosystem and Market Value

These developments have substantial implications for Ethereum, the blockchain supporting both USDC and USYC. As Circle strengthens its tokenized asset ecosystem, demand for Ethereum’s network is likely to rise due to increased transaction volumes and DeFi integrations.

@ Newshounds News™

Source:  Crypto News Flash

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“Tidbits From TNT” Wednesday Morning 1-22-2025

TNT:

Tishwash:  Iraq's economy on the verge of collapse.. Expert warns of the consequences of not passing the amendment to Article 12

Oil expert Kovind Shirwani commented on Tuesday (January 21, 2025) on amending Paragraph 12 related to the export of Kurdistan Region oil.

Sherwani told Baghdad Today, "The amendment was submitted by the Federal Government Presidency in consultation with the Ministry of Oil, and it addresses a major dispute over calculating the region's oil production fees."

He added, "Because of the dispute, the region's oil exports were halted for 22 months, and the losses to the Iraqi economy due to the halt of 400,000 barrels of oil per day reached 18 billion dollars."

He pointed out that "not obstructing the amendment of Article 12 will harm all of Iraq and the country's economy, which loses between 800 and 900 million dollars per month due to the halt in exports. Passing this amendment will support the budget with these funds, and thus the first beneficiary of passing the amendment is the Iraqi economy, and not passing it is the Iraqi economy. It is unfortunate that this amendment is portrayed as serving the region only, and this is a great fallacy."

The Finance Committee of the House of Representatives announced on Sunday (January 19, 2025) the imminent vote on amending Article 12 of the budget related to the Kurdistan Region’s oil, while pointing to the most prominent proposals submitted to amend this paragraph.

The head of the committee, Atwan Al-Atwani, said in a speech during a committee meeting, according to a statement received by "Baghdad Today", that "the committee's meetings are continuing to discuss amending Article 12 of the budget law related to the Kurdistan Region's oil," indicating that "the committee has reached the final stages of completing the hosting and providing a lot of information in preparation for voting on the amendment today."

He added, "It is necessary for there to be a decision from the committee to submit the draft law to a vote," expressing his hope that "an agreement will be reached to vote on this draft law, which complements the 2023 budget."

He pointed out that "a number of committee members have raised many paragraphs and submitted proposals, and we will raise them so that everyone is aware of them, but they cannot be added considering that the project is an amendment and not budget tables," indicating that "the committee's opinion from the beginning is to proceed with amending the law, but we do not want the clauses and amendments to be like their predecessors, unproductive amendments."

Al-Atwani explained that “the committee added to the amendment paragraphs the obligation of the parties, whether the Ministry of Finance or the Ministry of Oil Resources, to abide by the outputs of the consulting company,” stressing that “there must be an obligation for both parties.”

Al-Atwani concluded by saying: “The consulting company must have a working period that may end in 2025, and it has not achieved results,” stressing that “we are keen to implement the results during this year to be a basis for 2026 link

************

Tishwash:  Al-Sudani: Iraq is a pivotal partner and national decision-making sovereignty is a priority

Prime Minister Mohammed Shia al-Sudani stressed that Iraq has a special status in dealing with the will to survive, stressing that "the Iraqi people are among the most proud and self-confident personalities, and cannot be subject to anyone, whoever they may be.

The Prime Minister said, in an interview with Elaph website: Washington is a major partner of Iraq, and the government is working to build a stable institutional relationship with it, noting that the government is determined to build a new Iraq based on its cultural heritage.

Al-Sudani pointed out that portraying Iraq as subordinate to any country contradicts the historical character of the country," stressing that "the relationship between Iraq and the United Kingdom enjoys a unique special status."

He added that "Baghdad is working to build a stable institutional relationship with Washington, as the United States remains a major partner of Iraq, and we are committed to a policy of openness and true partnership," indicating: "Today we are facing a new stage in our relationship with the United Kingdom, and Iraq plays a pivotal role as an effective mediator between various regional parties, and Baghdad has become a center for calm dialogue that aims to bridge the gap between the parties."

He explained that "Riyadh is a partner “It is essential to Iraq’s economic equation, and that the electrical connection with Saudi Arabia is not just a technical project, but a step towards achieving long-term economic integration,” stressing that “the country is moving confidently towards institutional reform.”

He pointed out that “the government is working to integrate the armed factions within the legal and institutional frameworks, and is determined to build a new Iraq based on its Arab cultural heritage.”link

************

Tishwash:  The President of the Republic discusses ways to enhance relations between Iraq and Honeywell Energy Company

President of the Republic Abdul Latif Jamal Rashid discussed ways to enhance relations between Iraq and Honeywell Company in the oil and energy industries.

The presidency said in a statement, "President of the Republic Abdul Latif Jamal Rashid received today at his residence in Davos, CEO of Honeywell Energy and Sustainability Solutions Ken West.

The statement added, "During the meeting, ways to enhance relations between Iraq and Honeywell Company in the oil and energy industries were discussed.

The President of the Republic referred to the current stability in Iraq at all levels and the investment opportunities available in various sectors. The

President stressed Iraq's desire to develop the management of oil and gas wealth in Iraq and control the burning of associated gas due to its impact on air quality, explaining Iraq's readiness to activate communication mechanisms and provide the necessary facilities for the work of Honeywell Company and exchange experiences with it in a way that helps raise the level of the energy sector in the country.

For his part, West stressed Honeywell's desire to develop relations with Iraq at all levels, especially investment in the field of oil industries and the development of wells, in a way that enhances the positive partnership link

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Mot: ...... Ain't Gunna Lie

Mot: .. Ssiiiigggghhhhhhh!!!! 

News, Rumors and Opinions Wednesday AM 1-22-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 22 Jan. 2025

Compiled Wed. 22 Jan. 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Tues. 21 Jan. 2025 Wolverine:“We were told that everything was going to start today, and guess what? It IS to start today. I mean notifications should come out, and everything starts tomorrow with funds being released.

I have spoken to platform owners and they have the payment orders. And tomorrow, things will start rocking!

Not everyone starts tomorrow. It is a process. Some will start tomorrow, some will start the next day and the next, but it starts from tomorrow onwards.

Some platforms will go Feb 1st or 2nd, some platforms a bit longer. But with the Grace of God, tomorrow is to be D-Day.

Iraq was to start yesterday. But it looks like this will start TODAY. It is now 4 a.m. in Iraq, and hopefully in a couple of hours’ time, that Dinar will go international on the Forex and we will get the big news in a couple of hours’ time so we can celebrate.

This has been a long journey for all of us. Many of people have been told to go to the banks for quite a while and nothing has happened, but now it seems all is ready. The Liquidity and money is there and we are ready to go.

Just yesterday, I put a post about thanking Charlie Ward. I have spoken to Charlie a couple of times, and he told me a while back that nothing would happen till Biden is removed, and that was nearly two years ago. However, I was still getting all the intel otherwise, and others were also getting intel to the otherwise: Bruce, MarkZ, and others were used to create misinformation to catch the “bad people”

Am I being used now? I do not think so, no, because the people I have spoken to, people who actually have appointments with banks, and I’ve seen bank accounts all is ready to go. THIS TIME IT IS REAL. IT IS REAL! Am I excited.

I am excited because tomorrow I know we will be able to celebrate.

In Australia, we have the HSBC. We were told we may have Citibank, but HSBC is the one in Australia. In America there is Wells Fargo and Bank of America. Chase got removed from the RV a while ago. For England, I believe it is HSBC.

You will find out your location when you call your 800 number and they will give you the information.

Yellow Dragon Bonds as soon as we get the message that those tables are closed, they will be closed on that platform. All platforms will be closed.

~~~~~~~~~~

Mike Baraba: I have two contacts on the B side of it, will not mention platforms and two people in Iraq who tell that the vote they were to take, is to be done later, and we should wake up to it tomorrow (paraphrased). I will have my phone on ring tonight for any calls or texts.

Mon. 20 Evening Jan. 2025 “Well folks from everything I’m hearing, the rate has been established, the CBI is recognized by FOREX. The people in country are spending the lower dominations – dinar. And it is the premiere who is withholding the release for a political consideration from his cabinet.”

Tues. 21 Jan. 2025 US reaches it’s debt limit, Trump has to do something to fund the government.

MarkZ: “My Asian Contact said he was expecting the RV on Tues. 21 Jan. or Wed. 22 Jan.

On Sat. 25 Jan. 2025, the first phase of the wealth redistribution will officially commence for the general public. …JFK Jr. on Telegram

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Global Financial Crisis:

Mon. 20 Jan. 2025: Outgoing Treasury Secretary Janet Yellen announced that the United States will reach its debt ceiling on January 21, putting President-elect Donald Trump in the position of addressing a national fiscal emergency immediately after taking office. This unexpected warning leaves the incoming administration scrambling to prevent a government default. In a letter to House Speaker Mike Johnson (R-LA) and other congressional leaders, Yellen  explained that the Treasury would begin “extraordinary measures” to avoid breaching the debt limit.

These measures include suspending federal investments in key retirement and healthcare funds until the debt ceiling is either raised or suspended. “The debt limit does not authorize new spending, but it creates a risk that the federal government might not be able to finance its existing legal obligations,” Yellen wrote, pressing Congress to act promptly.

Tues. 21 Jan. 2025 A NY Sun article argues that divergent central bank policies and interest-rate cuts spark “beggar-thy-neighbor” currency devaluations, undermining free trade by tilting competitive advantages and fueling retaliatory tariffs. It highlights how the Bretton Woods system once provided the stable monetary foundation that enabled robust postwar growth, and proposes that President Trump restore a gold-backed dollar to reestablish both U.S. leadership and a fair playing field in global trade. https://www.nysun.com/article/heres-a-first-step-toward-president-trumps-golden-age-for-america 

Read full post here:  https://dinarchronicles.com/2025/01/22/restored-republic-via-a-gcr-update-as-of-january-22-2025/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Jeff  The critical part is we want to see them advance to the [budget] schedules but the rate has to change before the schedules can be approved...The schedules are the line items in the budget that are calculated off of the new currency value.

Militia Man  ...Progress is happening.  They don't have to tell us everything...That's not their job.  They can't just say, 'We're going to revalue the currency tomorrow at $4 or $2 or $1 because it's like insider trading...That's not going to happen but what they are doing is they are giving you data to some extreme especially since al-Sudani has taken office.

************

BREAKING NEWS Iraqi Leaders Vote on Controversial Bills Secretly

Edu Matrix:  1-21-2025

BREAKING NEWS: Iraqi Leaders Vote on Controversial Laws!

As the world focuses on the new U.S. President, significant political shifts are unfolding in Iraq. Join us as we dive into the urgent decisions being made by Iraqi leaders regarding three critical laws, including the Personal Status Law, Property Restitution Law, and General Amnesty Law.

These proposals could reshape the future of Iraq amidst rising tensions. Stay tuned for additional breaking news about Iraq's newfound oil reserves set to boost its economy, and insights on Iran's influence over Iraq's government.

https://www.youtube.com/watch?v=yAUBUsyOMiA

Seeds of Wisdom RV and Economic Updates Tuesday Evening 1-21-25

Good Evening Dinar Recaps,

FINLAND’S NASDAQ HELSINKI WELCOMES VIRTUNE’S 5 CRYPTO ETPS:  BTC, ETH, XRP, SOL, AND ALTCOINS

The products will be listed on the Finnish Nasdaq Helsinki.

Virtune, a leading Swedish regulated crypto asset manager, has successfully listed five crypto exchange-traded products (ETPs) in Finland’s Nasdaq Helsinki. The products include top cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and altcoins. 

The launch marks a key milestone for Finland as it represents the nation’s first crypto ETPs. It is also the biggest crypto ETP launch on a regulated market in northern Europe’s Nordic nations like Denmark, Finland, Iceland, Norway, and Sweden.

@ Newshounds News™

Read more:  Crypto Flash News

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XRP, DOGE, SOL, AND OTHER COINS GET NEW ETF FILINGS

REX Shares has filed multiple exotic ETF applications for such tokens as XRP, Solana (SOL), and Dogecoin (DOGE).    Leading ETF analyst Eric Balchunas has stated that REX is not just a random issuer, noting that its CEO was "an early pioneer in the industry."

Greg King, the founder and CEO of the Florida-based firm, has launched more than 100 ETFs and notes for such major names as BONK and Dogecoin. The filing also seeks to create funds for Bitcoin, Ethereum, Solana, and XRP.

Meanwhile, Teucrium, another ETF issuer, has filed for 2x Long & Short XRP ETFs. As reported by U.Today, leading analyst Nate Geraci previously predicted that an XRP ETF would be approved this year.

@ Newshounds News™

Read more:  U Today

~~~~~~~~~

TRUMP PARDONS FORMER SILK ROAD FOUNDER AND BITCOIN ICON ROSS ULBRICHT

Those who convicted Ulbricht were "some of the same lunatics involved in the modern-day weaponization of government against me," Trump wrote Tuesday.

President Donald Trump announced Tuesday the pardon of Ross Ulbricht, founder of the Silk Road online marketplace.

In a social media post on Truth Social, Trump said he had granted Ulbricht a "full and unconditional pardon," citing support from the Libertarian movement and criticizing the government’s handling of Ulbricht’s case.

Ulbricht, 40, was convicted in 2015 on charges including conspiracy to traffic narcotics and money laundering in connection with the Silk Road, a darknet site that facilitated billions of dollars in illegal drug transactions.

He received a sentence of two life terms plus 40 years without parole, sparking years of debate over the fairness of his punishment.

"The scum that worked to convict him were some of the same lunatics involved in the modern-day weaponization of government against me," Trump wrote.

The pardon is expected to draw sharp reactions from both supporters and critics.

Advocates for Ulbricht have long argued his sentence was excessive, while opponents highlight the scale of criminal activity linked to the Silk Road.

@ Newshounds News™

Source:  Decrypt

~~~~~~~~~

HERE IS THE FULL LIST OF PRESIDENTIAL ACTIONS TRUMP SIGNED ON DAY ONE

These bold initiatives mark a stark departure from the Biden regime’s globalist policies and signal a return to the principles that put the American people first.

Here is the list of presidential actions Trump signed on Monday following his inauguration:

1. Withdrawing The United States From The World Health Organization

2. Application Of Protecting Americans From Foreign Adversary Controlled Applications Act To TikTok
3. Granting Pardons And Commutation Of Sentences For Certain Offenses Relating To The Events At Or Near The United States Capitol On January 6, 2021

4. Putting America First In International Environmental Agreements
5. Delivering Emergency Price Relief for American Families and Defeating the Cost-of-Living Crisis
6. Hiring Freeze

7. Regulatory Freeze Pending Review
8. Return to In-Person Work

9. Ending The Weaponization Of The Federal Government

10. Restoring Freedom Of Speech And Ending Federal Censorship
11. Securing Our Borders

12. Protecting The Meaning And Value Of American Citizenship
13. Realigning the United States Refugee Admissions Program
14. Unleashing American Energy

15. Clarifying The Military’s Role In Protecting The Territorial Integrity Of The United States
16. America First Trade Policy
17. Memorandum to Resolve the Backlog of Security Clearances for Executive Office of the President Personnel

18. Declaring A National Emergency At The Southern Border Of The United States
19. Holding Former Government Officials Accountable For Election Interference And Improper Disclosure Of Sensitive Governmental Information

20. Restoring Accountability To Policy-Influencing Positions Within the Federal Workforce
21. Protecting The American People Against Invasion

22. The Organization for Economic Co-operation and Development (OECD) Global Tax Deal (Global Tax Deal)
23. Organization of the National Security Council and Subcommittees
24. Reevaluating And Realigning United States Foreign Aid

25. Temporary Withdrawal of All Areas on the Outer Continental Shelf from Offshore Wind Leasing and Review of the Federal Government’s Leasing and Permitting Practices for Wind Projects

26. Declaring a National Energy Emergency

27. Restoring Accountability for Career Senior Executives
28. Promoting Beautiful Federal Civic Architecture
29. Restoring The Death Penalty And Protecting Public Safety

30. Putting People Over Fish: Stopping Radical Environmentalism to Provide Water to Southern California

31. Guaranteeing The States Protection Against Invasion
32. Restoring Names That Honor American Greatness

33. Designating Cartels And Other Organizations As Foreign Terrorist Organizations And Specially Designated Global Terrorists
34. Reforming The Federal Hiring Process And Restoring Merit To Government Service

35. Ending Radical And Wasteful Government DEI Programs And Preferencing
36. Defending Women From Gender Ideology Extremism And Restoring Biological Truth To The Federal Government

37. Establishing And Implementing The President’s “Department Of Government Efficiency”
38. America First Policy Directive To The Secretary Of State
39. Protecting The United States From Foreign Terrorists And Other National Security And Public Safety Threats
40. Unleashing Alaska’s Extraordinary Resource Potential

With bold leadership and a clear vision, Trump has reaffirmed his commitment to putting America first. You can read each of these executive orders on the White House’s website.

@ Newshounds News™

Source:  TruthPress

~~~~~~~~~

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More News, Rumors and Opinions Tuesday PM 1-21-2025

KTFA:

Clare:  The Council of Ministers decides to suspend official work in Baghdad next Sunday

1/21/2025

Baghdad - 964

The Council of Ministers decided to suspend official work in all government departments and institutions in the capital, Baghdad, next Sunday, to complete the visit of Imam Al-Kadhim. LINK

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Clare: Trump's confidant after inauguration: Iran's militias control Iraq and the president will fix the situation

1/21/2025

In Monday, the US Republican Representative and close associate of Trump, Joe Wilson, considered that Iran controls the government in Iraq and its "militias" threaten the United States, stressing that President Donald Trump will fix the situation, according to his expression. 

Wilson said in a tweet on the X website, followed by Shafaq News Agency, that "Iran was defeated in Lebanon and Syria, but it still rules Iraq, as Obama and Brett McGurk failed in their strategy to hand Iraq over to Iran during the war against ISIS."

He added that "Iranian-backed militias in Iraq threaten the United States and its allies and must be dealt with," indicating that "Trump will fix the situation."  LINK

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Clare:  Parliament votes on 'controversial laws' in one basket

1/21/2025

The house of Representatives voted on Tuesday on three laws that have sparked controversy and political disputes for months.

The media department of the House of Representatives said in a statement received by Shafak News Agency, "The House of Representatives voted on the proposal to amend Personal Status Law No. 188 of 1959."

He added that "the Council also voted on the draft law to return properties to their owners included in some decisions of the (dissolved) Revolutionary Command Council," continuing, "The Council also voted on the draft law amending the second amendment to General Amnesty Law No. 27 of 2016."

In its last legislative session, the House of Representatives held several sessions to pass controversial laws, but they did not result in anything, which prompted it to postpone these laws to the current legislative session.

These laws have caused a lot of controversy, between supporters and opponents, among political blocs, and these laws have also faced objections from specialists and civil organizations.  LINK

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Walkingstick  The rumor is according to 'East' [Aki's company in the Middle East] that they got nine currencies in a basket.  It may be more, it may be less...It could come out asset backed...or it could come out with a float.  The float makes more sense...But East is saying, if it is a basket, we're seeing the Euro, British pound, Krona, which is Swedish currency and shilling, which is Austria currency.  

Militia Man  Article: "The Kuwaiti dinar currently is the strongest currency in the world... 31 Kuwaiti dinars for every US dollar."  If you do the math it turns out to be about $3.22... Quote "It's worth noting Kuwait has about 7% of the world's oil reserves which greatly supports the value of the currency...According to 2023 data Iraq has significantly more oil reserves than Kuwait with Iraq holding approximately 145 billion barrels of oil compared to Kuwait's 101.5 billion..."  Iraq has 43% more oil than Kuwait. [Kuwait's] currency is strongest in the world...Iraq has the ability to be at least 43% more valuable based off oil, let alone their non-oil revenues...Pretty exciting times!

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Unprecedented Bank Runs in China, Capital Outflows Hit Record, Stocks and Economy Tank

Michael Cowan:  1-20-2025

Recent reports paint a concerning picture of the Chinese economy, with whispers of “unprecedented” bank runs, record capital outflows, and a significant downturn in stock markets. While the full extent of the crisis remains to be seen, these developments are triggering alarms both within China and in global economic circles.

The most immediate and startling issue is the alleged wave of bank runs. Social media footage, though largely unverified, suggests scenes of panicked customers queuing outside banks to withdraw their cash. While the Chinese government has yet to officially confirm the scale of these events, they point to a potential crisis of confidence in the country’s financial institutions.

https://youtu.be/tSHx2guKL3Y

Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 1-21-25

Good Afternoon Dinar Recaps,

SEC LAUNCHES CRYPTO TASK FORCE TO DEVELOP CLEAR REGULATION

In a recent announcement, the US Securities and Exchange Commission (SEC) announced the launch of a brand new crypto task force. Specifically, the agency is set to develop “a comprehensive and clear regulatory framework for crypto assets,” according to a recently released press release.

The announcement is part of the expected changes to come from the incoming administration. With Donald Trump officially inaugurated into office Monday, he announced the appointment of Mark Uyeda as acting chair of the agency. His presence comes following former Chair Gary Gensler’s resignation this week.

SEC Launching Crypto Task Force to Develop New Regulatory Framework

For the last several years, the SEC has developed a rather contentious relationship with the digital asset sector. Under the former Biden Administration, the agency adopted a regulation-by-enforcement approach. As a result, companies like Ripple found themselves engaged in years of court battles with the agency.

Yet, that has begun to change today. With Donald Trump beginning his second non-consecutive term as US President Monday, the SEC has announced the launch of a crypto task force dedicated to the formulation of a clear regulatory framework for which the industry will be governed.

Chairman Uyeda announced the framework, with Commissioner Hester Peirce set to lead it. “Drawing from talented staff across the agency, the Task Force will collaborate with Commission staff and the public to set the SEC on a sensible regulatory path that respects the bounds of the law,” the agency said.

Additionally, they noted things like clear regulations and a pathway to registration “have been elusive.” Moreover, they noted, “The SEC can do better.” The task force appears to be the first step in that pursuit. It could be the beginning of the United States’ path to being a global crypto leader.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

NO CRYPTO FOCUS IN TRUMP’S 200 EXECUTIVE ORDERS: WHAT’S NEXT?

▪️Trump’s first 200 executive orders did not include any clear actions related to Bitcoin or cryptocurrencies.
▪️David Bailey hinted at potential crypto-related content but admitted uncertainty about the specifics.
▪️The crypto community was disappointed as Trump prioritized energy, immigration, and security over digital assets.

US President Donald Trump signed his first 200 executive orders shortly after assuming office. However, despite speculation and expectations from the crypto community, none of these orders were related to virtual assets like Bitcoin or other cryptocurrencies.

David Bailey, CEO of Bitcoin Magazine and former cryptocurrency advisor to the Trump campaign, shared his insights on X (formerly Twitter), stating:

“Got confirmation tonight that our EOs are among the first 200.”

However, he admitted uncertainty about the specifics. “I have no idea what made it in, but good news cometh,” he added.

Interestingly, the crypto community had hoped for stronger signals from the administration. Rumors before Trump’s inauguration suggested that he might prioritize cryptocurrency, perhaps even declaring it a national priority or establishing a Bitcoin reserve. But these ambitions did not materialize.

No Crypto in Trump’s First-day Executive Orders

On his first day, Trump directed his attention to immigration, energy, and federal operations. Key actions included reversing Biden’s restrictions on oil drilling and announcing, “We will extract as much oil as we can.” He also withdrew the US from the Paris Climate Agreement, a global initiative to combat climate change.

In another notable move, Trump signed a decree granting TikTok an additional 75 days to find a US buyer, allowing its operations in the country to continue temporarily. While this decision aimed to address security concerns, critics noted the absence of actions supporting the burgeoning crypto industry.

Fox Business journalist Eleanor Terrett expressed disappointment, tweeting:

“No Day 1 executive orders on #crypto or industry-related pardons, then?”

This sentiment echoed across the crypto community, which had anticipated early moves to recognize or regulate digital assets.
A Shift in Focus, a Missed Opportunity?

Cryptocurrency advocates were left questioning why digital assets, widely viewed as transformative, were left off the agenda. Before Trump’s term, some hoped he would pardon Ross Ulbricht, the Silk Road founder serving a life sentence. However, no such measures emerged.

During his inaugural speech, Trump remained silent on the topic of cryptocurrencies, further deepening concerns. David Bailey reassured enthusiasts by saying that their [our] “decrees are coming too”, suggesting that virtual assets might gain attention later in Trump’s presidency.

Despite the initial absence of crypto-focused orders, the speculation surrounding Trump’s approach to digital assets highlights the growing importance of cryptocurrency in national policy discussions. For now, the crypto world watches and waits, hopeful for future recognition and regulation.

@ Newshounds News™

Source:  CoinSpeaker

~~~~~~~~~

HESTER PEIRCE TAPPED TO LEAD SEC’S NEW CRYPTO TASK FORCE

Acting SEC chair Mark Uyeda appoints Hester Peirce to lead a task force focused on crypto regulations and market integrity.

▪️The SEC has formed a Crypto Task Force under Commissioner Hester Peirce to establish proactive regulation and clear legal standards.

▪️The initiative aims to support innovation while addressing industry confusion over previously enforcement-focused approaches.

The SEC has established a Crypto Task Force under the leadership of Commissioner Hester Peirce, with Acting Chairman Mark T. Uyeda announcing the initiative on Tuesday.

Richard Gabbert and Taylor Asher will serve as Chief of Staff and Chief Policy Advisor, respectively, bringing together experts across the agency to work with Commission staff, industry participants, and the public.

“The SEC has relied too heavily on enforcement actions to regulate crypto, often adopting untested legal interpretations,” Uyeda said.

The task force seeks to move toward proactive regulation by establishing clear legal standards, creating practical registration pathways, and maintaining market integrity while supporting innovation.

The announcement comes as Uyeda serves as interim SEC Chair until Paul Atkins assumes the role under President Donald Trump’s administration.

The initiative aims to address industry confusion resulting from the SEC’s previous enforcement-focused approach by developing clear regulatory guidelines and disclosure frameworks for crypto assets.

@ Newshounds News™

Source:  Crypto Briefing

~~~~~~~~~

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DOLLAR COLLAPSE: A Simple Breakdown to a Complex Crisis (Currency Reset)

DOLLAR COLLAPSE: A Simple Breakdown to a Complex Crisis (Currency Reset)

Taylor Kenny:  1-21-2025

he collapse of the dollar is accelerating, driven by unsustainable debt, geopolitical alliances, and technological advancements like CBDCs.

These forces are leading us toward an inevitable Currency Reset that will reshape the global economy. Learn what’s happening, what’s coming next, and how to protect your wealth.

CHAPTERS:

00:00 - Why this might be the most important video of the year

00:36 - Understanding the Dollar’s central role

02:15 - The illusion of Dollar strength

 02:54 - Four driving forces behind the Dollar’s collapse

11:25 - The process leading to a Currency Reset

 12:02 - What happens during a Currency Reset

13:15 - Gold as the foundation of a new financial system

https://www.youtube.com/watch?v=TRbYWyJ9Sv8

News, Rumors and Opinions Tuesday 1-21-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts to the Restored Republic via a GCR: Update as of Tues. 21 Jan. 2025

Compiled Tues. 21 Jan. 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Tues. 14 Jan.: “All the information is saying “Next week.” …JFK Awakening Q17 on Telegram

Sat. morning 18 Jan. 2025 CMKX Holders expecting notification within 72 hours

Mon. 20 Jan. Wolverine: Hi guys I like to offer a incredible thank you to an incredible humanitarian Charlie Ward as he was always right that nothing was going to happen till Biden is removed from power and he told me that two years ago and he never ever waived from that. I should’ve listen to him and stayed on that course. Most of the Intel during all this time was total disinformation to catch the bad guys and I suppose people like myself were used to deliver disinformation not to harm you but to catch these criminals. Tomorrow Tues. 21 Jan. 2025 everything starts. I was told but not confirmed that notifications will start tonight and if it does happen the opera will be up. God bless you all we are finally here. Wolverine

Earlier Wolverine Posts: “Things are in motion. The Tier 4B group things won’t start until two or three hrs after the inauguration on Mon. 20 Jan. T4B Event Intel said at Sunrise tomorrow, Tues. 21 Jan 2025, the IQD should be on the London Stock Exchange and already climbing and short on the heels of the Lira. The British pound shall fall. Q Military: “Long Live the Dinar.” Mountain Goat: “I am told by my CBI contact that they are giving Iraq a “thumbs up” to move ahead.”   God Bless, Wolverine

Tues. 21 Jan. 2025 US reaches it’s debt limit, Trump has to do something to fund the government.

MarkZ: “My Asian Contact said he was expecting the RV on Tues. 21 Jan. or Wed. 22 Jan.

On Sat. 25 Jan. 2025, the first phase of the wealth redistribution will officially commence for the general public. …JFK Jr. on Telegram

Read full post here:  https://dinarchronicles.com/2025/01/21/restored-republic-via-a-gcr-update-as-of-january-21-2025/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Militia Man  Iraq's got 43% more oil than Kuwait.  What [Kuwait] doesn't have is non-oil revenues.  It's very powerful.  It shows Iraq is totally capable of having a real effective exchange rate that could be at least competitive and similar to the region.

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:There is a news program on television right now talking about currencies and the countries of these currencies.  It looks like they want to give us more monetary reform education before they give us our new currency...One of them is Kuwait dinar...the currency is $3.23 with $105 million in reserve.  We, Iraq have $145 million in reserves and we say that we are 43% higher in reserves in Kuwait...We should be also having stronger currency too as we see it.  FRANK:  Of course.

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ARS Vs IQD Inflation Rate; Investment Showdown

Edu matrix:  1-21-2025

Discover why investing in Argentina and Iraq could be your next big financial move! In this video, we dive into the contrasting inflation rates of these countries—Argentina at a staggering 117.8% and Iraq at 4.5%—and explore what this means for international investors.

https://www.youtube.com/watch?v=e4NZMYvlfuY

Germany’s Economy Has Fallen: Here’s What It Means For The World

Sean Foo:  1-21-2025

Germany's stagnation is getting from bad to worse. Their economy has crashed 2 years in a row, highlighting how serious the energy crisis is getting. As a result, political instability is brewing with the opposition pushing the country to decouple from the EU and the Euro. What's what you must know!

Timestamps & Chapters:

0:00 Germany's Two-Year Crash

3:01 Truth Of The Energy Crisis

 5:56 Industrial Rescue Needed

8:57 Will Germany Leave The EU?

11:10 Shocking Impact on The Euro

https://www.youtube.com/watch?v=3hRwzBwTW1g

Seeds of Wisdom RV and Economic Updates Tuesday Morning 1-21-25

Good Morning Dinar Recaps,

BRICS REALIZE THEY CANNOT CHALLENGE THE US DOLLAR

The US dollar started 2025 with a bang leaving local currencies of BRICS countries distantly behind in the charts. The DXY index, which tracks the performance of the US dollar shows the currency crossing the 110 mark.

The US markets are confident that Trump’s re-election could turn the fortunes of America and bring economic prosperity. The same positivity is lacking in developing countries as their local currencies are being hammered by the raging US dollar.

The BRICS alliance, which kick-started the de-dollarization agenda is now reeling under pressure from the US dollar. BRICS country India’s local currency, the rupee, has fallen to a lifetime low of 86.68 this week. The rupee fell four trading sessions in a row as the USD trampled the currency in the charts. Currency experts predict that the Indian rupee could fall to 90 to 92 levels in the next 10 months.

BRICS No Challenge to the US Dollar

The US dollar is strengthening in the indices with the massive inflow of funds entering the American markets. Institutional investors offloaded most of their overseas funds and are now taking entry positions in the US markets.

 The belief that Trump’s rule could bring fortunes has reached a peak in 2025. The first instance of the market gaining steam occurred immediately after he was declared the winner in November. This puts BRICS on the back foot as it stands no chance to challenge the US dollar during Trump’s tenure.

Trump has already threatened BRICS with 100% tariffs if they plan to abandon the US dollar for trade. The alliance is now left with obeying his demands as a tariff increase will only hurt their economies.

The de-dollarization agenda could fail under his rule as the President-elect aims to safeguard the USD. Whether he will bring in laurels to the US stock market or cause a dent, only time will tell.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

RAMASWAMY EXITS DOGE FOR OHIO GOVERNOR BID, LEAVING MUSK AS SOLE HEAD

Vivek Ramaswamy said on X he was leaving the Department of Government Efficiency and was “confident that Elon and the team will succeed in streamlining government.”

Entrepreneur and former presidential candidate Vivek Ramaswamy will no longer co-lead the Department of Government Efficiency (DOGE) alongside Elon Musk, and is reportedly opting to run for Ohio governor instead.

“It was my honor to help support the creation of DOGE,” Ramaswamy said in a Jan. 20 X post. “I’m confident that Elon and the team will succeed in streamlining government.”  

Ramaswamy didn’t elaborate on his future plans, but CBS News and The New York Times were among the US media outlets reporting that the business leader and author would soon announce he is running run for governor of Ohio.

Ramaswamy said that he’d “have more to say very soon” while reaffirming his support for President Donald Trump.

“Vivek Ramaswamy played a critical role in helping us create DOGE. He intends to run for elected office soon, which requires him to remain outside of DOGE based on the structure that we announced today,” DOGE spokesperson Anna Kelly told the Associated Press.

Ohio Governor Mike DeWine’s second — and legally his last — term will end in January 2027.

On Jan. 18, Ramaswamy re-shared an X post from a parody account using this likeness that stated he was running for governor of Ohio, with the pro-crypto Republican commenting that it wasn’t “a bad idea.”

Politico reported that Musk made it known that he wanted Ramaswamy out of DOGE in recent days. A Republican strategist close to Trump’s advisers told Politico that Ramaswamy “just burned through the bridges and he finally burned Elon. Everyone wants him out of Mar-a-Lago, out of D.C.”

The move was driven in part by Ramaswamy’s criticism of American culture. In December, he made a post on X stating that tech companies hire foreign workers  partly because of a mindset that has “venerated mediocrity over excellence.”

The now-solely Musk-led advisory organization, named after his favored cryptocurrency Dogecoin, was officially created through one of a slew of executive orders that Trump signed on his first day in office.

DOGE is already on the firing line as it was hit with lawsuits from consumer advocate group Public Citizen and other nonprofit groups minutes after Trump took office.

The lawsuits allege that DOGE violates the Federal Advisory Committee Act by allowing private individuals to make government decisions without proper transparency and oversight.

DOGE, which was announced by Trump soon after his electoral victory in November, is designed to slash federal spending through budget cuts and mass firings.

@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

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“Tidbits From TNT” Tuesday Morning 1-21-2025

TNT:

Tishwash:  The largest oil reserve was discovered in central Iraq

The Middle Oil Company, in cooperation with the Chinese company (EBS), announced the achievement of a major oil discovery in the East Baghdad South Field.

The company's general manager, Mohammed Yassin Hassan, stated in a statement received by {Euphrates News} a copy of it that the main exploratory well testing operations in the East Baghdad field had achieved great success, as a highly productive oil flow of medium and light oil was obtained.

It is expected to add more than two billion barrels to Iraq's oil reserves, making it the largest oil discovery in central Iraq.

The Director General pointed out that the initial tests of the well showed a daily production rate of up to 5,000 barrels of crude oil.

Yassin praised the fruitful cooperation between Iraqi engineers at the Middle Oil Company and their counterparts at the Chinese EBS Company, which resulted in precise planning and strict implementation of well testing procedures in areas within the oil field.

This discovery is of strategic importance as it adds to Iraq’s oil reserves, which rank fifth in the world in proven reserves. This achievement also enhances the production capabilities of Iraq, one of the founding and influential members of the Organization of the Petroleum Exporting Countries (OPEC), which supports its pivotal role in the global energy market.  link

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Tishwash:  Al-Sudani in a telegram to Trump: We are committed to strategic relations under the umbrella of respect for sovereignty and non-interference

Prime Minister Mohammed Shia Al-Sudani sent a congratulatory telegram today, Tuesday, to US President Donald Trump, on the occasion of his assumption of office as President of the United States of America.

Al-Sudani indicated in the telegram, according to a statement from his office, a copy of which was received by {Euphrates News}, that Iraq aspires to strengthen the bonds of cooperation and partnership with the United States, within the framework of the strategic agreement and the common interests of the two countries, stressing the importance of working to support the foundations of stability, security and development regionally and internationally.

Al-Sudani stated that the Iraqi government adheres to strategic relations with the United States, and seeks to activate and expand the scope of implementing all bilateral memoranda of understanding, and bilateral security and economic coordination, under the umbrella of respect for sovereignty, non-interference in internal affairs, and supporting bilateral exchange in the cultural and technological fields, and the fields of investment and sustainable development.  link

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Tishwash:  President of the Republic: Our participation in Davos confirms Iraq's growing role in the global arena

President of the Republic Abdul Latif Jamal Rashid stressed that Iraq's participation in the Davos talks confirms its growing role in the global arena.

Rashid said in a tweet on the (X) platform, followed by the Iraqi News Agency (INA), "I am proud to see Iraq and the Kurdistan Region well represented in Davos, which is an important annual gathering of global leaders and thinkers. Our participation in these talks confirms Iraq's growing role in the global arena and our commitment to confronting common challenges through dialogue, innovation and cooperation."  link'

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Tishwash:  Directive from the Central Bank regarding the 5,000 dinar banknotes 

The Central Bank stressed, on Monday, that Iraqi banknotes are homogeneous in all their denominations and are accepted by all its branches, and that the delivery of one denomination and the rejection of another by certain banks is a violation of the law, requesting a list of the names of these banks.

text of document:  Date 1/16/2025

Federation of Iraqi Chambers of Commerce / President's Office

m/damaged currency

Greetings.

Your letter No. 1 dated 1/5/2025 regarding banks that refuse to receive small denomination banknotes and the (5,000) dinar denomination.

We would like to inform you that the instructions of this bank stipulate that Iraqi banknotes are homogeneous in their various categories, have absolute legal tender and are accepted by the Central Bank of Iraq, its branches, banks, institutions and the public. Discrimination between their categories by imposing a certain category on the public or refusing to receive a certain category is unacceptable and is considered a violation of the law.

We hope you will provide us with the names of the violating banks that refused to receive banknotes. With appreciation. link

************

Mot: Jumping Days 

Mot:  it Has Begun!!!! 

Seeds of Wisdom RV and Economic Updates Monday Evening 1-20-25

Good Evening Dinar Recaps,

MARK UYEDA NAMED ACTING SEC CHAIR AMONG TRUMP APPOINTMENTS

Members of the US Commodity Futures Trading Commission also announced on Jan. 20 that Caroline Pham would serve as acting chair, filling two crucial regulatory roles

US Securities and Exchange Commission member Mark Uyeda will be acting chair of the financial regulator as of Jan. 20 following an announcement from the Trump administration.

In a Jan. 20 notice from the White House, President Donald Trump said Uyeda would replace outgoing SEC Chair Gary Gensler in an acting capacity until the US Senate could confirm one of his nominees. Uyeda, a Republican, has served at the SEC since 2022 after being nominated by former US President Joe Biden.

Before taking office, Trump announced on social media that he planned to nominate former SEC Commissioner Paul Atkins to replace Gensler.

Atkins’ name appeared on a list of sub-cabinet appointments Trump said he had nominated to the Senate. It’s unclear when the chamber could consider his nomination as an SEC member.

Meanwhile, members of the US Commodity Futures Trading Commission announced on Jan. 20 that Commissioner Caroline Pham would serve as acting chair after Rostin Behnam stepped down.

The heads of the two financial regulators will be in a position to significantly influence policy related to digital assets.

As an SEC member, Uyeda criticized the commission’s approach to digital assets under Gensler, saying it “neither facilitates capital formation nor protects investors.” Under the former chair, the SEC filed several enforcement actions against US-based crypto firms, including Ripple Labs, Coinbase, Terraform Labs and Binance.

New administration, new approach to crypto?

It’s unclear what the status of these lawsuits will be under the Trump administration or Acting Chair Uyeda. The SEC will reportedly consider freezing all enforcement cases that don’t involve allegations of fraud.

Since taking the oath of office at 12:00 pm ET, Trump has not mentioned digital assets or blockchain on his first official day as US president. He had also pledged to commute the sentence of Silk Road founder Ross Ulbricht.

Reports suggested Trump was planning on signing an executive order potentially related to crypto, but the White House had not announced anything at the time of publication. Neither digital assets nor blockchain appeared on the administration’s list of policy priorities as they were first published on Jan. 20.

@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

DONALD TRUMP APPOINTS CAROLINE PHAM AS ACTING CFTC CHAIR

The CFTC commissioner has previously called for regulating digital assets in her role with the financial regulator, which could change under Donald Trump.

In one of his first official acts after being sworn in as US president, Donald Trump will name Commodity Futures Trading Commission (CFTC) member Caroline Pham as the acting chair of the financial regulator.

In an announcement shared with Cointelegraph on Jan. 20, a representative of Commissioner Pham said she would replace former CFTC Chair Rostin Behnam temporarily until Trump could nominate a permanent head of the regulator whom the Senate could confirm.

She has been serving as a CFTC commissioner since April 2022 after being nominated by former US President Joe Biden.

“I’m humbled to lead the CFTC as Acting Chairman,” said Pham. “It is an honor to be entrusted to serve the American people during this pivotal time.”

Behnam announced in January that he planned to step down on the day of Trump’s inauguration. Though any new CFTC commissioner or chair would need to be confirmed by a majority of lawmakers in the US Senate after hearings, Trump has the authority to appoint temporary replacements under the Federal Vacancies Reform Act.

As a CFTC commissioner, Pham has called on the government to address crypto regulation and proposed initiatives to protect investors.

It’s unclear what roles the CFTC and Securities and Exchange Commission will have in regulating crypto under the Trump administration, with many US lawmakers suggesting they plan to pass legislation establishing a market framework.

Trump took the oath of office as US president on Jan. 20 but notably did not mention digital assets or blockchain technology in his acceptance speech. In one of his last acts as a private citizen before assuming office, he and his wife, Melania, announced the launch of memecoins, which critics claim allow anyone to funnel money indirectly into the first family’s pockets.

US crypto regulation under Donald Trump

The appointment of Pham is one of many actions potentially affecting the crypto industry Trump is expected to take on his first day in office. The US president said he intended to nominate former SEC Commissioner Paul Atkins to replace Gary Gensler as chair of the financial regulator — Gensler officially stepped down on Jan. 20.

In May 2024, Trump promised to commute the sentence of Silk Road founder Ross Ulbricht, and reports have suggested he plans to sign at least one executive order related to crypto or blockchain.

The White House is expected to announce what executive orders Trump will sign on Jan. 20, but reports suggested the number would be “close to 100.”

@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Thank you Dinar Recaps