Federal Reserve Alert! Guidance on Resolution forthcoming. Resolution plans, required by the Dodd-Frank Act and commonly known as “living wills,” describe a financial company’s strategy for rapid and orderly resolution under bankruptcy in the event of financial distress or failure.

September 30, 2022 Agencies announce forthcoming resolution plan guidance for large banks and deliver feedback on resolution plan of Truist Financial Corporation Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation For release at 4:30 p.m. EDT …

READ MORE

Federal Reserve Alert! U.S. economy likely to slow further, Fed’s Beige Book finds. Most business respondents “expected price pressures to persist at least through the end of the year.”

via federalreserve.gov: Labor Markets Employment rose at a modest to moderate pace in most Districts. Overall labor market conditions remained tight, although nearly all Districts highlighted some improvement in labor availability, particularly among manufacturing, construction, and financial services contacts. Moreover, employers …

READ MORE

Armed Federal Agents Recently Raided Amos Millers Successful Organic Meat & Dairy Farm In The Old Amish Village Of Bird-In-Hand, Pennsylvania

https://twitter.com/loffredojeremy/status/1559690568430764037 “Armed Feds Pay a Visit: Amish Farmer Faces Hundreds of Thousands in Fines” Amos Miller, an Amish farmer who runs a holistically managed small farm in Bird-In-Hand, Pennsylvania, grows and prepares food in tune with nature, the way he …

READ MORE

Federal Reserve’s plan is to raise rates and QT aggressively, crash the market, then step in and ease when inflation is down to prevent a 1929 type of depression. Don’t fight the FED.

https://twitter.com/MFHoz/status/1552276114554462208 FED'S POWELL: NO ONE CAN BE SURE ON WHETHER WE CAN ACHIEVE A SOFT LANDING — *Walter Bloomberg (@DeItaone) July 27, 2022 Chicago Fed National financial conditions index eased last week, the second week in a row. Not the …

READ MORE