Date recorded:     June 10, 2025

Description:

Why is stablecoin legislation (the GENIUS and STABLE Acts) working its way through Congress that will embed a digital, financial control grid into our lives? Because the new Treasury Secretary is George Soros’ protégé with serious conflicts of interest. Did you know Trump’s family crypto firm, World Liberty Financial, has made hundreds of millions of dollars from its new stablecoin, USD1, since January? Coincidence? No. Do you want to live in a world where every transaction is monitored, every asset is controlled, and dissent can be silenced with a keystroke? We don’t. Listen in to Terra and Peter as they discuss what is really happening!

Show notes:

Scott Bessent:

https://home.treasury.gov/about/general-information/officials/scott-bessent

President of Wolf’s Head Society at Yale:

https://yaledailynews.com/blog/2024/12/02/two-yale-alums-nominated-to-trumps-second-administration/

He helped 'break' Bank of England. Now he may run US Treasury:

https://economictimes.indiatimes.com/news/international/global-trends/he-helped-break-bank-of-england-now-he-may-run-us-treasury/printarticle/115718703.cms

Council on Foreign Relations membership roster:

https://www.cfr.org/membership/roster

Despite ethics agreement to sell, U.S. Treasury Secretary's family still appears to own North Dakota farmland:

https://www.inforum.com/news/despite-ethics-agreement-to-sell-u-s-treasury-secretarys-family-still-appears-to-own-north-dakota-farmland

How Elon Musk’s team gained access to US Treasury’s $6 trillion payment system:

https://economictimes.indiatimes.com/news/international/global-trends/how-elon-musks-team-gained-access-to-us-treasurys-6-trillion-payment-system-amid-spending-battle/articleshow/117857967.cms

Treasury Secretary Bessent, tapped to run CFPB, orders staff to halt work:

https://www.npr.org/2025/02/03/nx-s1-5285356/treasury-secretary-bessent-acting-cfpb-director

A Plan For Establishing A United States Sovereign Wealth Fund:

https://www.whitehouse.gov/presidential-actions/2025/02/a-plan-for-establishing-a-united-states-sovereign-wealth-fund/

2025 Milken Institute Global Conference:

https://milkeninstitute.org/events/global-conference-2025

‘The Trump Effect’ investments:

https://www.whitehouse.gov/investments/

Scott Bessent’s Remarks at the Milken Institute Global Conference:

https://home.treasury.gov/news/press-releases/sb0130

Bessent video: “Going big on digital assets” (14:30 – 15:30 minutes):

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

Bessent Projects $2 Trillion Stablecoin Surge Into U.S. Treasuries:

https://thenewscrypto.com/scott-bessent-projects-2-trillion-stablecoin-surge-into-u-s-treasuries/

US banks plan joint Stablecoin:

https://www.blockchain-council.org/cryptocurrency/u-s-banks-plan-joint-stablecoin/

Stablecoins: The new epicentre of crypto fraud:

https://www.int-comp.org/insight/stablecoins-the-new-epicentre-of-crypto-fraud/

Senate Bill 1582 - GENIUS Act:

https://www.congress.gov/bill/119th-congress/senate-bill/1582

House Bill 2392 - STABLE Act of 2025:

https://www.congress.gov/bill/119th-congress/house-bill/2392/text

This Is How Much Trump Has Made From Crypto—So Far:

https://www.forbes.com/sites/danalexander/2025/06/05/this-is-how-much-trump-has-made-from-crypto-so-far/

At a Dubai Conference, Trump’s Conflicts Take Center Stage:

https://dnyuz.com/2025/05/01/at-a-dubai-conference-trumps-conflicts-take-center-stage/

Steve Witkoff Sworn In at the Oval Office, May 6, 2025:

https://www.whitehouse.gov/videos/steve-witkoff-sworn-in-at-the-oval-office-may-6-2025/

New Mideast Project Is Latest Trump Company Deal Tied to a Foreign Government:

https://dnyuz.com/2025/04/30/new-mideast-project-is-latest-trump-company-deal-tied-to-a-foreign-government/

The Stablecoin Trap: The Backdoor to Total Financial Control:

https://brownstone.org/articles/the-stablecoin-trap-the-backdoor-to-total-financial-control/

Trump, Lutnick Announce Plans to Sell US Citizenship to Rich Foreigners for $5 Million:

https://needtoknow.news/2025/02/trump-lutnick-announce-plans-to-sell-us-citizenship-to-rich-foreigners-for-5-million/

Will Bitcoin Be Pumped Up and Expanded to Grab Federally Owned Land and Minerals?

https://needtoknow.news/2024/12/will-bitcoin-be-pumped-up-and-expanded-to-grab-federally-owned-land-and-minerals/

Trump Administration: Digital Control Grid Coming Together at High Speed:

https://solarireport.substack.com/p/trump-administration-digital-control

Welcome to the Palantir World Order:

https://dailynewsfromaolf.substack.com/p/welcome-to-the-palantir-world-order

X post:

https://x.com/7sees_/status/1913662640812859625

Not So Fast: Lutnick Says Semiconductor Tariffs Coming "In Month Or Two", Exemption Is Only "Temporary":

https://www.zerohedge.com/markets/trump-exempts-computers-handsets-chips-reciprocal-tariff-blitz

Why the Tariff War Is Going to Cost Millions of US Jobs, the End of Small Businesses and a Downgrade in Livelihood in the Biggest Wealth Transfer Since the Lockdowns:

https://cynthiachung.substack.com/p/why-the-tariff-war-is-going-to-cost

Trump Nominates Jamieson Greer, Who Helped Wage Trade War with China, as U.S. Trade Representative:

https://www.democracynow.org/2024/11/27/headlines/trump_nominates_jamieson_greer_who_helped_wage_trade_war_with_china_as_us_trade_representative

Attachments area

Preview YouTube video Bessent Sees Easing Capital Rule on Treasuries This Summer (Full Interview)

Bessent Sees Easing Capital Rule on Treasuries This Summer (Full Interview)