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Speaker 0 describes Lord Evelyn Rothschild as extraordinarily rich and powerful, claiming that historically the Rothschild wealth was hidden in underground vaults and that their secret financial records were never audited or accounted for. He asserts researchers estimate their wealth at close to $500,000,000,000,000, more than half the wealth of the entire world, noting possessions such as castles, palace mansions, wineries, race horses, and exotic resorts, and that the Rothschilds bought Reuters in the eighteen hundreds, which then bought the Associated Press. He claims they have controlling interest in three major television networks and can easily avoid media tangents since they own it. He says they owned and operated England’s Royal Mint, continue to be the gold agent for the Bank of England, which they also direct, and control the LBMA (London Bullion Market Association), where 30 to 42,000,000 ounces of gold worth over $11,000,000,000 are traded daily, earning millions weekly on transaction fees. He asserts they fix the world price of gold daily and profit from its ups and downs, and over centuries have amassed trillions in gold bullion in subterranean vaults, cornering the world’s gold supply. He claims they own controlling interest in Royal Dutch Shell and operate phony charities and offshore banking services where the wealth of the black nobility in The Vatican is hidden in secret accounts at Rothschild Swiss banks, trusts, and holding companies. He mentions Alba Lynn Rothschild as looking like a harmless gray-haired old man, but says to “make no mistake about it.” He concludes that Rothschilds and their ancestors have handpicked presidents, crashed stock markets, bankrupted nations, orchestrated wars, and sponsored mass murder and impoverishment of millions, and that the wealth hoarded by this one family alone could feed, clothe, and shelter every human being on earth. Speaker 1 reframes the Rothschilds as the head of the snake, locating their headquarters within a one-mile square in the City of London as the center of their banking dynasty that owns money supplied through central banks of almost every nation. He recalls a November 1910 secret meeting on Jekyll Island among seven of the world’s richest Jewish men to establish a central bank called the Federal Reserve Bank, naming Nelson Aldrich and Frank Vanderlip (representing the Rockefeller financial empire), Henry P. Davison, Charles Norton, and Benjamin Strong (representing JP Morgan), and Paul Warburg (representing the Rothschild dynasty of Europe). He mentions powerful men who opposed the Federal Reserve, including Benjamin Guggenheim, Isidore Strauss, and Jacob Astor, who reportedly died in the Titanic sinking. He states that by April 1912 opposition to the Federal Reserve was eliminated, and on 12/23/1913 the president signed a bill establishing the privately owned Federal Reserve System in the United States. He quotes Woodrow Wilson: “I’m a most unhappy man. I’ve unwittingly ruined my country,” and notes that a great industrial nation became controlled by its system of credit, with growth in the hands of a few men. He claims Jewish bankers and rabbis celebrated the Federal Reserve Act, and quotes Charles August Lindbergh criticizing the system as private, for profit, and not federal or reserves, with debt-based finance. He asserts that the Fed system enslaves to protect its monopoly over credit and that the Fed’s money-creating tricks enable big brother government to borrow endlessly; the Fed is controlled by Jews, Rothschild, Warburg, and Schiff, and that every Federal Reserve chairman since 1980 has been Jewish (Burns, Volker, Greenspan, Bernanke, and Yellen). He claims the “house of Rothschild” owns 57% of the stock of the privately held Federal Reserve Bank. Speaker 2 asks about the proper relationship between a Fed chairman and a U.S. president. Speaker 3 states that the Federal Reserve is an independent agency, meaning there is no other government agency overrule actions taken. Speaker 1 quotes Harold Grellis Rosenthal: “our power has been created through the manipulation of the national monetary system,” asserting that the Federal Reserve System is owned by “us” even though the name implies a government institution. He alleges a long-standing plan to confiscate gold and silver and replace them with worthless paper, claiming Jews promoted both sides of issues while the goyim fail to see who is behind the scenes, and accusing Jews of parasitically consuming production while producers receive less.

I recently had a conversation with a libertarian who disagreed with my stance on the Federal Reserve. They wanted to abolish it, while I advocated for an audit first. I believe an audit, similar to the one conducted on USAID, would reveal issues and garner public support for necessary changes. The current level of interest in this topic is surprising and encouraging. The public's growing awareness of sound money principles is promising. There are many naysayers, but the increased interest is positive. People are discovering concerning information within government agencies like the Treasury and USAID, and rather than addressing these issues, many are choosing to ignore them. Elon Musk's public support for auditing, and even my leadership of an audit team, highlights the growing momentum behind this movement. The Constitution clearly states that states should use only gold and silver as legal tender, but the federal government prevents this. To promote sound money, competing currencies, limited only by laws against fraud and deceit, should be allowed.

The speaker emphasizes the importance of maintaining confidence in the voluntary tax payment system. They discuss the creation of the Federal Reserve by Congress in 1913 and its role in coining money and regulating its value. The speaker explains that the Federal Reserve is an independent agency, meaning no other government agency can overrule its actions. They state that as long as there is no interference in their decision-making process, the specific relationship between the Federal Reserve chairman and the US president is not significant. The speaker expresses concerns about legislation that would allow the Government Accountability Office (GAO) to audit and make judgments on the Federal Reserve's policy decisions, as it could undermine the independence of the Federal Reserve and destabilize the financial system and the economy.

Here's what's happening in America: we're drowning in debt because of a debt-based banking system controlled by private bankers. The Federal Reserve, deceptively named, is a private entity manipulating our money for profit, not public interest. Since 1913, Congress has granted it a monopoly over our currency, leading to economic instability. The solution? Education and action. We must reclaim the power to issue our money, as figures like Franklin and Lincoln once did. This isn't radical; it's restoring the issuing power to the people. Reform involves paying off the debt with debt-free U.S. notes, abolishing fractional reserve banking, and repealing the Federal Reserve Act, returning monetary power to the Treasury.

This hearing of the Oversight Subcommittee on Doge will focus on bringing full transparency to waste, fraud, and abuse within the federal government. Our national debt is $36 trillion, and the compounding interest is growing out of control, projected to exceed our entire military budget. These interest payments don't serve Americans; they enslave us to those who own our debt, driving inflation and crippling small businesses. This debt results from Congress and elected administrations, betraying the American people. Unlike private businesses that depend on customer service and smart financial management, the federal government takes our tax dollars regardless of its performance. We must tackle this problem together, setting aside political theater. This subcommittee will fight the war on waste with President Trump, Elon Musk, and the Doge team, starting with improper payments in Medicaid and Medicare. The American people are watching.

This hearing aims to bring transparency to waste, fraud, and abuse within the federal government. Our national debt is $36 trillion, and the compounding interest is growing out of control. Interest payments will exceed our entire military budget. This debt enslaves Americans and drives inflation. It stems from Congress and elected administrations, betraying the American people. Doge, the Department of Government Efficiency, arose from this betrayal. Unlike private businesses, the federal government doesn't rely on customer service to earn income; it takes your money regardless. There are no consequences for failure or for the ever-growing national debt. We must tackle this issue together, setting aside political differences to save our nation. We will fight waste alongside President Trump, Elon Musk, and the Doge team, focusing on improper payments in programs like Medicaid and Medicare.

There is a secret and powerful combine known as the capitalist conspiracy that operates as the unseen government of the United States. This conspiracy controls the money systems of major non-Communist nations and is protected by the government. The Federal Reserve System is used to perpetuate this monetary fraud. The conspiracy is connected to the Council on Foreign Relations, which exercises control through government, tax-exempt foundations, education centers, and the media. The conspiracy appears to oppose communism but actually supports it to create chaos and advance its goal of totalitarian world government. To combat this, we must dismantle big government, restore American independence, and expose the conspiracy to the public.

The transcript presents a series of conspiracy claims about the Rothschild family, the Federal Reserve, and Jewish influence over global finance. - The Rothschild family is described as extraordinarily wealthy, with wealth estimates claiming “close to $500,000,000,000,000,” and as having hidden underground vaults, secret financial records never audited, and a public image that disguises a fortune that supposedly rivals a large share of global wealth. It is claimed they bought Reuters in the 1800s, which then bought the Associated Press, and that they “own controlling interest” in three major television networks, allowing them to avoid media attention. They allegedly owned and operated England’s Royal Mint and act as the gold agent for the Bank of England, directing it, with control over the London Bullion Market Association (LBMA) where 30 to 42,000,000 ounces of gold are traded daily, generating millions weekly from transaction fees. They are said to fix the world price of gold daily, hoard trillions of dollars worth of gold bullion, and corner the world’s gold supply. They allegedly own controlling interest in Royal Dutch Shell and run phony charities and offshore banking services to hide wealth in Vatican-linked accounts at Rothschild Swiss banks, trusts, and holding companies. A figure named Elbelein Rothschild is described as not harmless, with ancestors alleged to have handpicked presidents, crashed stock markets, bankrupted nations, orchestrated wars, and sponsored mass murder and impoverishment. The wealth is claimed to be sufficient to feed, clothe, and shelter every person on earth. - The Rothschilds are described as the head of a “snake,” with a one-mile square area in London referred to as the city, cited as the headquarters of their banking dynasty, controlling money supplied through central banks of almost every nation. - A Jekyll Island meeting in November 1910 is claimed to involved seven of the world’s richest Jewish men establishing a central bank called the Federal Reserve Bank. Named participants include Nelson Aldrich, Frank Vanderlip, Henry Davison, Charles Norton, Benjamin Strong, Paul Warburg, and representatives of the Rothschild banking dynasty, with others like Benjamin Guggenheim, Isidore Strauss, and Jacob Astor purportedly opposing it. It is claimed these opposers died on the Titanic, and that opposition dissolved by April 1912. On December 23, 1913, the Federal Reserve Act was signed, creating a privately owned Federal Reserve System. A quoted remark attributed to Woodrow Wilson alleges, “I’m a most unhappy man. I’ve unwittingly ruined my country,” and a stereotype about government by a small number of dominant men rather than free opinion. - It is claimed the Federal Reserve System is private, not federal, has no reserves, is not decentralized, and that the adoption of a debt-based monetary system was accomplished. It is asserted that the current banking system (fractional reserve banking) allows privately owned banks to create money “out of thin air,” with money existing as numbers in a computer system, only about 3% in physical currency, and that control of the Fed enables domination over banks, corporations, money, and politicians. It is claimed the Fed system enslaves humanity to perpetual debt and that the elite who own the Fed seek to maintain a monopoly over credit. - A speaker questions the proper relationship between the Fed chairman and the U.S. president, noting the Federal Reserve’s independence. - A quotation attributed to a figure named Harold Grales Rosenthal claims that Jewish power has been created through manipulating the national monetary system, that the Fed is owned by Jews while appearing as a government institution, and asserts antisemitic stereotypes about Jews as parasites and producers being exploited by Jews.

It's time to end the Federal Reserve. Representative Thomas Massie from Kentucky has introduced the "End the Feds" bill, HR 8421, aiming to abolish the Federal Reserve Act. He believes that the Federal Reserve is responsible for crippling inflation, having created a trillion dollars during COVID to fund unprecedented deficit spending. This has devalued the dollar and led to high inflation, effectively acting as a hidden tax on Americans. The national debt has soared to $34 trillion due to continuous money printing. To support this initiative, contact your state representative and express your support for Massie's bill. Stay updated by following him on social media and sharing this message.

There's massive fraud in this country, including foreign nationals using fake social security numbers and identities to steal billions in taxpayer benefits. By clamping down on this fraud in our tax and entitlement systems, we could save over a trillion dollars. Doge are subordinate staffers of the federal government and political appointees that serve and answer to the president. They will analyze and assess for signs and symptoms of fraud and how IT systems are failing to detect it. We need to protect the integrity of these systems that Americans rely on. We are restoring neutrality, ethics, and accountability to the IRS to identify large-scale fraud, unfair politicization, and unfair targeting. We want to ensure confidence in the IRS and that no dollars are being stolen from the American people.

The Rothschild family's wealth and influence grew significantly through government lending and bond speculation, often backing multiple sides in conflicts. Fractional reserve lending, where banks lend out more money than they have in reserves, is described as counterfeiting and grand larceny. This system, along with national debt, allows banks to control the economy and politicians. The Federal Reserve is portrayed as a private monopoly that enables banks to create money out of nothing, leading to a debt-based system. Critics argue that the Fed dominates the economics field, suppressing dissenting views through funding and control of academic journals. The media is accused of being controlled by banks due to debt, preventing them from exposing the truth about the monetary system. The solution, according to the speaker, involves stopping fractional reserve lending and reclaiming the power to create money for a public body. The current system is described as a Ponzi scheme based on ever-increasing debt, where interest cannot be repaid without taking from others or borrowing more. The key is controlling the quantity of money in the public interest, rather than allowing banks to maximize profits.

You're about to learn the hidden secret of money and how the banking system truly works. Politicians create deficit spending, which leads to the Treasury issuing bonds, essentially IOUs that become our national debt. Banks buy these bonds, then the Federal Reserve buys them from the banks with counterfeit checks, creating currency out of thin air. Banks then use fractional reserve lending, loaning out most of your deposits while only holding a fraction in reserve, further expanding the currency supply. This system enriches the banks and indebts the public, leading to inflation because more currency causes prices to rise. Taxes are then used to pay interest on these bonds, perpetuating the cycle. The Federal Reserve, a private entity, benefits immensely from this fraud. This system requires ever-increasing debt and will eventually collapse under its own weight. Sharing this knowledge is crucial to building a better future.

I'm nearly convinced that our entire national debt of $36 trillion is due to fraud, abuse, and waste. A staggering $2.7 trillion was improperly sent overseas as Medicare and Medicaid payments. How is this even possible? Is there any part of our government that isn't defrauding the American people? We've barely scratched the surface of this audit, and it already seems the answer is no. It feels like every branch of government has been robbing Americans blind while we struggle to make ends meet. People are still freezing. I want to see arrests, and I want the names of those responsible revealed.

I discovered that 20 million dead people are marked as alive in the social security database. Most fraud doesn't come directly from social security payments, but from disability, unemployment, and fake medical payments because these individuals are incorrectly marked as alive. We need to implement a simple "are you alive" check to prevent these fraudulent payments. This type of negligence would result in a public company being immediately delisted, and its executives imprisoned, but it's considered normal within the government. Therefore, I recommend that the Treasury and Federal Reserve make payment categorization codes mandatory, requiring an explanation for each payment, even if it's basic. This change would significantly improve the current system and potentially save hundreds of billions of dollars annually.

Giving an update on the DOJ criminal investigation into Fed Chair Jerome Powell. Governors of the Federal Reserve System. Now, the American public is fed up with public monies that seem to go into a black hole, especially in DC, where no one is held accountable. One of the age old tools that all prosecutors have to investigate any crime, including cost overruns, is a grand jury subpoena. Today, however, in Washington, an activist judge has taken that tool away from us. By inserting himself and preventing the grand jury from even obtaining, let alone hearing evidence, he has neutered the grand jury's ability to investigate crime. As a result, Jerome Powell today is now bathed in immunity preventing my office from investigating the Federal Reserve. This is wrong and it is without legal authority. In June 2025, Jerome Powell testified before the Senate Banking Committee, making questionable statements that did not comport with publicly available documents. And that was regarding the atrocious cost overrun of more than $1,000,000,000 I didn't say million, I said billion, in renovations to his headquarters. This from the man who says that he is the steward of our public funds. In November, the United States Attorney's Office began an inquiry. Prosecutors from my office gathered information for months we served two grand jury subpoenas. On December 19, we sent an email to the Federal Reserve to have a conversation, a meeting, or even a phone meeting, or even a phone call to discuss our concerns. Again, we were ignored. We in fact asked to meet the first week in January. We were ignored. It was at that point that two grand jury subpoenas were issued to the Federal Reserve, not even to Jerome Powell. Again, no response, no compliance, but instead a Woe is Me video by Mr. Powell falsely claiming that he was being threatened with indictment. And claiming victim status, Powell proceeds to call his political friends in DC and around the world to gin up support for himself. All the while refusing to produce simple documents. Now enter local district court judge James own. I case. And the subpoenas, thereby prohibiting us from reviewing any records and precluding us from submitting records to the grand jury. That grand jury, of course, comprised of ordinary people. Ladies and gentlemen, no one is above the law.

The Federal Reserve has significant power over the economy, but lacks scrutiny. During the pandemic, it printed money, bought government-backed securities, and provided large sums of money to favored industries, resulting in a $5 trillion increase in its balance sheet. A limited audit revealed that during the financial crisis, the Fed gave over $16 trillion to domestic and foreign banks. These actions, aimed at making the rich wealthier, have led to high inflation, which burdens American families. To address this, an amendment is proposed to require a full audit of the Fed within a year, promoting transparency and accountability to taxpayers. A yes vote is requested.

The speaker explains that the Federal Reserve is a private bank owned by private stockholders, not the government. They discuss how the Fed loans money to banks and the government, which must be paid back with interest. The speaker questions where the Fed gets its money and reveals that it is printed by the United States Mint. They argue that the Fed's control over printing money is unconstitutional and leads to the devaluation of the dollar. The speaker also mentions a secret meeting in 1910 where the plan for the Federal Reserve was devised. They criticize the creation of the IRS and how taxes are used to pay back the Fed's debts.

Powell: "no. I will not. The law says that, the president can't fire me." The discussion points to "a higher law, the supreme law of the land"—the "US constitution," which "never gave any authority to the federal government to create a monopoly central bank that can manipulate interest rates and counterfeit money." "Counterfeiting is a crime." "The issue is the existence of the Federal Reserve." Speaker 1 adds: "They're to continue to mess around with that, but your point is perfect," noting "arbitrary laws that they write that do not follow the rules of the constitution or natural law" and that "the constitutional restraint against, you know, a central bank, there's no authority for that, is one thing that they totally ignore." They call the Fed "a cartel of the biggest banks" with "a government privilege," and argue that "as long as the Fed does exist, we can't have a genuinely free society, free economic life." They warn, "if the central bank is permitted to permit money at will ... the value of the currency is going to go down and prices will go up." The goal is "sound money for freedom."

Fed Chair Powell stated he wouldn't resign if asked by President Trump, citing legal protections. However, the real issue is the existence of the Federal Reserve, which many believe operates outside constitutional authority. The Fed prioritizes its own survival and that of major banks, undermining a genuinely free society. For true economic freedom, sound money is essential. Education is key to helping the public understand these issues, as seen with other political matters. If the central bank continues to create money at will, currency value will decline, leading to rising prices. The founders understood that true wealth comes from productivity, not money creation. Emphasizing freedom can maximize productivity and prosperity.

The speaker discusses the current state of the Federal Reserve note and argues that paper currency always crashes. They suggest transitioning to Treasury dollars, which Ronald Reagan had printed. They claim that the Federal Reserve does not have the gold that should back the US dollar. The speaker warns that if the country remains with the Federal Reserve note, it will lose its military might and standing. They mention that many countries are no longer using the dollar in international trade. The speaker also talks about their experience at Yale Law School and how the World Bank has been hijacked by a group called the Network of global corporate control. They accuse this group of state capture and usury. They explain that they have not been removed because they have followed the rule of law.

The Federal Reserve is not a government agency, but rather a banking cartel that has the power of government enforcement. They created their own rules and regulations to self-regulate their industry, similar to other cartels like those in bananas, oil, or sugar. They presented these regulations to Congress as the Federal Reserve Act, giving the appearance of a government agency. However, if you don't follow their rules, you can go to prison. In essence, the Federal Reserve is a banking cartel.

The Federal Reserve is not a government agency, but rather a banking cartel that has the power of government enforcement. It operates like other cartels, such as those in the banana, oil, or sugar industries. The banking cartel created rules and regulations for their own industry and presented it to Congress as the Federal Reserve Act. Congress passed it into law, giving the appearance that the Federal Reserve is a government agency. However, failure to comply with their rules can result in imprisonment. In essence, the Federal Reserve is a cartel disguised as a government agency.

The integrity of financial markets relies on adherence to legal and economic principles. I present evidence of systemic fraud within the Federal Reserve System, which issues Federal Reserve notes that do not meet the legal definition of a dollar as established by the Coinage Act of 1792. These notes, once redeemable in gold, are now unbacked securities, violating securities laws. The SEC must investigate the Federal Reserve's practices, which manipulate markets and create money without real backing. Arguments defending the Federal Reserve's actions fail to recognize that the government cannot exercise powers beyond those of the people. The SEC's role is to uphold financial standards, not to legitimize fraud. It is essential to hold the Federal Reserve accountable for its deceptive practices and ensure compliance with constitutional mandates regarding lawful money. Immediate action is necessary to protect the financial system and uphold principles of transparency and integrity.

The modern banking system creates currency faster than nature. Politicians create deficit spending, which is paid for by Treasury bonds (IOUs). Banks buy these bonds and sell them to the Federal Reserve at a profit. The Federal Reserve creates currency by writing checks on accounts with zero balance, giving the currency to banks, who then buy more bonds. The Treasury deposits this currency, and the government spends it. When currency is deposited in banks, it is loaned out through fractional reserve lending, expanding the currency supply. 92-96% of all currency is created by the banking system, leading to inflation. Taxes are used to pay interest on bonds the Federal Reserve bought with essentially nothing. The system requires ever-increasing debt and will eventually collapse. The Federal Reserve is a private corporation owned by banks, who profit through interest and dividends. The system funnels wealth to the government and banking sector, causing economic booms and busts and wealth disparity. The solution is to understand the system, share the knowledge, and join the conversation to design a new monetary system.

I rise to address the issue of banking. All banks, including Santander, Deutsche Bank, and Royal Bank of Scotland, are broke due to the flawed system of fractional reserve banking. This allows banks to lend money they don't possess, which is a criminal scandal. The problem is exacerbated by moral hazard from the political sphere, where counterfeiting, or cognitive easing, occurs. Governments and central banks artificially print money without consequences. Central banks manipulate interest rates, not retail banks. We also casually discuss deposit guarantees, which ultimately burden taxpayers when banks fail. Unless we hold bankers, including central bankers and politicians, accountable and send them to prison, this injustice will persist.