Warsh’s Fed is Unlike Anything we’ve Seen

Heresy Financial: 6-8-2026

The role of the Federal Reserve has undergone a massive transformation over the past two decades. What began as a focused institution has expanded its reach into areas far beyond its original scope, including climate policy and the management of trillions of dollars in mortgage-backed securities and corporate debt.

While the Fed has historically defended this expanded autonomy under the banner of independence, a new approach is on the horizon. Under the leadership of newly appointed Fed Chairman Kevin Warsh, there is a push to recalibrate the institution, steering it back toward the narrow, core mandates originally authorized by Congress.

Majeed KSA: Iraq to Introduce a New Currency

6-9-2026

Iraq’s government and the Central Bank have set mid-2026 (around July 2026) as the target for eliminating cash transactions within government institutions and moving government payments to digital systems.

Government institutions have already adopted electronic payment systems for collections and payments.

The Central Bank is building national payment infrastructure, including instant payments, a national payment switch, and government payment gateways.

TNT:

Tishwash:  Investing in Iraq: Moves to strengthen partnerships and transform the country into a platform for economic exchange

Three main messages summarized the Iraqi presence at the Geneva Economic Forum: Geography is an asset, crises can be turned into stability, and the private sector needs international protection.

 The head of the Federation of Chambers of Commerce, Amer Al-Fahdawi, emphasized to the Swiss and Arab side that Iraq’s current qualifications require an organized international dialogue that paves the way for the flow of capital and the building of smart partnerships that go beyond the traditional frameworks of trade.

Triple Failure: Bonds, Real Estate, & Currencies | Rafi Farber

Liberty and Finance:  6-8-2026

Interview with Rafi Farber presents a high tension view of a global financial system under multiple pressure points.

He argues paper and physical precious metals may appear aligned today but could rapidly diverge if confidence shifts suddenly rather than gradually.

 Oil is framed as a potential trigger, where a sharp spike could force asset sales, accelerate inflation, and expose leverage across credit, housing, and equities.

TNT:

Tishwash: Al-Zaidi: Iraq's doors are open to Japanese companies to invest in various sectors.

Prime Minister Ali al-Zaidi confirmed on Sunday to the Japanese Ambassador to Iraq, Akira Endo, that Iraq's doors are open to Japanese companies to invest in various sectors.

The Prime Minister’s Media Office stated in a statement received by “Al-Eqtisad News” that “Prime Minister Ali Faleh Al-Zaidi received the Japanese Ambassador to Iraq, Akira Endo, who congratulated the Prime Minister on the government gaining the confidence of the House of Representatives, and conveyed the greetings of the Japanese Prime Minister, Sanae Takaichi.”