Chloe

[Chloe @AngeloNavetta]

Life lately has been a weird mix of being exhausted, grateful, confused, and somehow still excited for what’s next.

[Giga Based Dad @GigaBasedDad]

I mean... Billy was right. 🤷‍♂️

[TheDebriefing17 @TheDebriefing17]

🤔Timelines, patterns, Treasury Primacy & They Gave Him a Seat

On Monday, Jamie Dimon chairman and CEO of JPMorgan Chase, the largest bank in the United States, $4 trillion in assets issued a formal statement on G20 letterhead from Asheville, North Carolina.

The first line told you everything.

"For the first time at G20, Treasury has given the private sector a place at the table."

Not the Federal Reserve gave them a seat. Not the White House. Not the State Department. Treasury. The CEO of the largest bank in America publicly credited the Treasury Department for inviting him to the most important economic forum on earth.

Now look at who was in the room and in what order.

Treasury Secretary Scott Bessent spoke first. Five minutes. Set the agenda. Five priorities for the global economy. Closed by declaring the G20 would "end this 47-year horrendous reign" of the Iranian regime. Then he introduced the next speaker.

Federal Reserve Chairman Kevin Warsh spoke second. Three minutes. Repeated his Jackson Hole themes. Said it was "a privilege to serve alongside Secretary Bessent." Alongside. Not above. Not leading. Alongside.

And then there was Dimon. The private sector. At the table for the first time in G20 history. Issuing a formal statement thanking Treasury for including him.

Three tiers. Treasury sets the agenda. The Fed supports it. The private sector is invited to help build it.

That hierarchy didn't exist two years ago. At every previous G20, the structure was finance ministers and central bank governors government officials negotiating with government officials. The private sector lobbied from the outside. Submitted position papers. Held side events at nearby hotels. They were never at the table.

Now they are. And the person who put them there is the Treasury Secretary.

Think about what that means for the architecture being built.

Treasury is licensing stablecoin issuers. Every licensed issuer must hold Treasury bond reserves creating mandatory private-sector demand for government debt. Treasury's OCC is chartering stablecoin banks. Treasury's FinCEN is writing the AML compliance rules. Treasury doubled its bond buyback program to manage the yield curve. Treasury is running the quantum-readiness task force to defend the financial system's cryptography.

And now Treasury is bringing the bankers who will operate inside that architecture to the G20 to co-author the policies that govern it.

Dimon's statement included one more detail worth noticing. "We applaud that regional and community banks were given a platform at this year's G20 financial ministerial. A strong banking system depends on institutions of every size."

The CEO of a $4 trillion bank is applauding the inclusion of community banks. That's not generosity. That's architecture. The stablecoin system needs banks at every level the JPMorgans to handle the wholesale settlement, the community banks to serve the retail customers. Treasury's OCC just rewrote the rules for how those community banks are evaluated and the Federal Reserve wasn't part of that rewrite.

Treasury is building a financial system. It's licensing the issuers. Chartering the banks. Writing the compliance rules. Managing the bond market. Defending the cryptography. Setting the G20 agenda. And now it's inviting the private sector to sit at the table and help design the policies they'll operate under.

The Federal Reserve is in the room. The Fed Chair said it was a privilege to be there. But the Fed didn't invite anyone. The Fed didn't set the agenda. The Fed didn't welcome the private sector. The Fed spoke for three minutes about investment themes and sat down.

Treasury gave Dimon a seat. That tells you who's building the house.

Timelines. Patterns. The general's words, not mine. All I did was read the receipts.

I am the guy on the couch, and you have been debriefed.
@CouchGuy17 @Homeranger17 @drawandstrike @jpmorgan @Citadel @citsecurities

[Alex Brogan @_alexbrogan]

the type of innovation that can happen when the founder owns 100% of the business and answers to no one

[Janice Dean @JaniceDean]

My heart is FULL! #ClosetforACause was a HUGE success yesterday. We raised close to 9,000 dollars for #NursingHomeWarrior. Every penny goes to NEW clothes for seniors! Thank you to #TheHarrison restaurant, the volunteers, staff and everyone who donated. I’m in tears. 😭

[P a u l ◉ @SkylineReport]

Listen carefully to what Scott Bessent does here.

Ukraine attacks Russian refineries.

Those attacks can tighten global fuel supplies and push some refined-product prices higher.

That's real.

But Ukraine didn't wake up one morning and randomly decide to attack Russian energy infrastructure.

Russia invaded Ukraine.

And right now, global energy markets are also dealing with disrupted Middle East supplies and a Strait of Hormuz crisis driven by the U.S.-Iran war.

So when Bessent points at Ukraine while discussing higher fuel prices, he's identifying one link in the chain while leaving out the rather important links that came before it.

Ukraine is attacking Russia's ability to finance and supply a war Russia started.

That's context the video shouldn't require you to supply yourself.

[Ron Filipkowski @RonFilipkowski]

As I predicted as soon as Ukraine began striking Russian refineries, Trump is going to blame Ukraine for gas prices & begin to pressure them to stop doing it. Once again, the US will side with Putin against a country fighting for its survival. We are morally bankrupt under Trump.

[Promethean Action @PrometheanActn]

Scott Bessent just named the British Virgin Islands on worldwide TV.

@sjkokinda: the real target isn’t Iran. It’s the offshore money machine — BVI to Hong Kong.

[Laplacїan 🇱🇹🇺🇦🇩🇰🇮🇱 @laplacian28]

Holy shit. This is actually real. They're taxing SAVINGS above 60k. Not only they're taking about half before you can save anything, but then they'll also tax you if you do manage to save anything. "but muh free healthcare" 😂 also gotta feed them afghans..

[Dr. Abdul El-Sayed @AbdulElSayed]

Yesterday’s bond market selloff is a a ringing alarm bell about the future of the economy under Trump’s mismanagement.

Treasury bonds are the pillars of America’s economy. When they shake, the whole thing shakes. Traders are selling them off because they understand that Trump’s war and trade war are making things more expensive, and he’s pressuring the Fed to keep it from doing its job despite the rising inflation he’s creating. It’s triggering a lack of trust from the market—and a selloff.

Why’s he doing this? He’s risking the future of the economy itself to inject the economy with a temporary sugar high through the midterms for his political gain. What’s the consequence for us?

Everything is about to become a lot more expensive than it already is. Mike Rogers will say nothing because he’s corporate, corrupt, and a coward.

[United States Mint @usmint]

Available for purchase today at 12PM ET: 2026 President Donald J. Trump $1 Coin. These coins are also in circulation, so check your pocket change. Collect them today! #CoinCollecting #America250

https://t.co/g4eJes21ER

[Steve Guest @SteveGuest]

On CNN NewsNight, The Atlantic’s Jemele Hill argues that capitalism is oppressive and bound up in white supremacy.

Kmele Foster: “It's one thing to not think capitalism isn't working ideally. It's another thing entirely to insist that it is oppressive, that it is bound up with white supremacy.

Hill: “How is it not?”

Foster: “I've always preferred Adam Smith's description of capitalism as the natural system of liberty. The idea that people can own property, that they can exchange it freely with one another for profit, that they can find ways to put their resources to good use and profit in a way that is actually beneficial to everyone else, that there can be gains from trade that are mutually beneficial. These are foundational ideas that have created more wealth than any other system in human history. That is what capitalism is! That is not white supremacy.”

Hill: “Do you think capitalism has always worked that way?”

Foster: “I've actually just described the basic facts of the economics.”

Hill: “That ain't how it's always worked.”

Foster: “Slavery is an institution that is older than writing. It predates capitalism. The notion that white supremacy and all these other things are bound up with capitalism in an intrinsic and fundamental way is so absurd and laughable, it barely needs to be defended.”

Hill: “How was it absurd?”

Foster: “It barely needs to be defended.”

Hill: “What do you mean it barely needs to be defended?”

Foster: “You actually have to articulate what the connections is. How are these two things the same? I'm talking about private property, the right to exchange and sell with whomever you like. What does that have to do with white supremacy? … What is the white supremacy dynamic of private property?“

[San Diego Padres @Padres]

Welcome to The Show, Tom Cosgrove!

[Derek Jeter @derekjeter]

1st Opening Day throwback

[Jake @JakeRepNY]

Michael Kay wants Boone fired like the rest of us https://t.co/XsBc1lENsc

[New York Yankees @Yankees]

Gallo with a G.

[Baseball Quotes @BaseballQuotes1]

Barry Bonds is the reincarnation of Ted Williams; with more power. -Felipe Alou

[College Football 24/7 @CFB247]

Joe “Money” Amato
College of Staten Island, Utility 2017-2019

[Eric Hubbs @BarstoolHubbs]

Muncy with the fuck you pose after detonation