Subject: John Kennedy (R-LA)

Subject of Interest

U. S. Senator John Kennedy (R-LA) is a minority member of the US Senate Committee on Banking. He was elected to the U.S. Senate in 2016. He also serves on the Appropriations, Budget, Judiciary and Small Business & Entrepreneurship committees. He serves as the chairman of the Senate Appropriations subcommittee Financial Services and General Government. Prior to his election to the Senate, Kennedy was state treasurer of Louisiana for five terms.  Sen. Kennedy served as secretary of the Department of Revenue, special counsel to Gov. Roemer and secretary of Gov. Roemer’s Cabinet. He was also an attorney and partner in the Baton Rouge and New Orleans law firm of Chaffe McCall.

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Subject: Jerry Moran (R-KS)

Subject of Interest

U. S. Senator Jerry Moran (R-KS) is a minority member of the US Senate Committee on Banking.  He was elected to the United States Senate in 2010.  Moran serves as chairman of the Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies. Before his election to public office, Senator Moran attended Fort Hays State University and later the University of Kansas, where he completed a degree in economics. After an early career as a small town banker, he received his J.D. from the University of Kansas.

Biography

United States Senate Committee on Banking

Subject: Kevin Cramer (R-ND)

Subject of Interest

U.S. Senator Kevin Cramer (R-ND) is a minority member of the US Senate Committee on Banking.  He was elected to the United States Senate on November 6, 2018 after serving three terms as North Dakota’s At-Large Member of the United States House of Representatives.  He  also serves on the Armed Services, Environment and Public Works, Veterans Affairs. Cramer has a Bachelor of Arts degree from Concordia College in Moorhead, Minnesota, a Master’s degree in Management from the University of Mary in Bismarck, North Dakota, and was conferred the degree of Doctor of Leadership, honoris causa, by the University of Mary on May 4, 2013.

Biography

United States Senate Committee on Banking

Subject: Richard C. Shelby (R-AL)

Subject of Interest

US Senator Richard C. Shelby (R-AL) is a minority member of the US Senate Committee on Banking.  He was first elected to the U.S. Senate in 1986 and is currently in his sixth term. Senator Shelby is the chairman of the Senate Committee on Appropriations.  He formerly served as chairman of the Senate Banking, Housing, and Urban Affairs Committee and the Senate Committee on Rules and Administration, and remains a senior member on each of the committees. He also serves on the Senate Committee on Environment and Public Works.

Biography

United States Senate Committee on Banking

 

Subject: Mike Rounds (R-SD)

Subject of Interest

U.S. Senator Mike Rounds (R-SD) is a minority member of the US Senate Committee on Banking. He was sworn into the United States Senate  2015. Senator Rounds serves on four committees: Senate Armed Services; Banking, Housing and Urban Affairs; Veterans’ Affairs; and Environment and Public Works. Rounds previously served as the 31st governor of South Dakota from 2003 – 2011, easily winning reelection in 2006. From 1991 to 2000, he was elected five times to the South Dakota State Senate.

Biography

United States Senate Committee on Banking

 

 

Subject: Tom Cotton (R-AR)

Subject of Interest

United States Senator Tom Cotton (R-AR) is a minority member of the US Senate Committee on Banking. He is also o the the Intelligence Committee, and the Armed Services Committee, where he chairs the Air Land Power Subcommittee. He graduated from Harvard, and Harvard Law School. After a clerkship with the U.S. Court of Appeals and private law practice. Tom served nearly five years on active duty in the United States Army as an Infantry Officer. Between the Army and the Senate, Tom worked for McKinsey & Co. and served one term in the House of Representatives.

Biography

United States Senate Committee on Banking

 

Subject: Ben Sasse (R-NE)

Subject of Interest

US Senator Ben Sasse (R-NE) is a minority member of the US Senate Committee on Banking.  Before being elected to the Senate, Ben spent five years as a college president. When he was recruited to lead Midland University. He is a member of the United States Senate Committee on Finance. United States Senate Committee on the Judiciary. United States Senate Select Committee on Intelligence.

Biography

United States Senate Committee on Banking

Book: The Vanishing American Adult: Our Coming-of-Age Crisis–and How to Rebuild a Culture of Self-Reliance

Book: Them: Why We Hate Each Other–and How to Heal

 

Subject: Mike Crapo (R, ID)

Subject of Interest

US Senator Mike Crapo (R, ID) is the Chairman of the US Senate Committee on Banking He is a Republican Senator for Idaho, was first elected to the Senate in 1998 and is currently serving his fourth term as U.S. Senator. He became a member of the Senate Banking, Housing, and Urban Affairs Committee at the beginning of his service in 1999. In addition to serving as the Chairman of the Banking Committee, Crapo serves on the Finance Committee, Judiciary Committee and Budget Committee.

Biography

United States Senate Committee on Banking

 

 

Subject: Tim Scott (R-SC)

Subject of Interest

United States Senator Tim Scott (R-SC)  is a minority member of the US Senate Committee on Banking. He joined the Senate in 2013. He has many Committee Assignments including: Senate Finance Committee,  Senate Committee on Health, Education, Labor and Pensions, Senate Committee on Banking, Housing & Urban Affairs, Senate Committee on Small Business and Entrepreneurship, and Senate Special Committee on Aging. He is a graduate of Presbyterian College Charleston Southern University (BS), Alumnus of South Carolina’s Palmetto Boys State program.

Biography

United States Senate Committee on Banking

 

Subject: Patrick J. Toomey (R-PA)

Subject of Interest

United States Senator Patrick J. Toomey (R-PA) is a minority member of the US Senate Committee on Banking. He joined the U.S. Senate from Pennsylvania in 2011. He previously served in the U.S. House of Representatives for six years. The senator has also worked in the financial services industry, served as president of the Club for Growth, and owned and operated a small restaurant chain in the Lehigh Valley with his brothers. He graduated from Harvard University.

Biography

United States Senate Committee on Banking

 

 

Article: JPMorgan Facing Suit Over Spoofing Metals

Article - Media

JPMorgan Likely to Face Lawsuit for Precious Metal Spoofing

Zacks Equity Research, February 6, 2020

Per a Bloomberg’s article, JPMorgan Chase JPM is likely to face a criminal lawsuit over rigging precious-metals futures. The authorities that had previously accused six of the bank’s employees of the same misconduct are now planning to charge the company.

The Department of Justice and the Commodity Futures Trading Commission have been investigating the company’s precious metals desk’s trading practices for the past two years.

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Paper: Counterfeiting Stock

Paper

Counterfeiting Stock

Anna McParland

The Creation of Counterfeit Shares — There are a variety of names that the securities industry has dreamed up that are euphemisms for counterfeit shares. Don’t be fooled : Unless the short seller has actually borrowed a real share from the account of a long investor, the short sale is counterfeit. It doesn’t matter what you call it and it may become non–counterfeit if a share is later borrowed, but until then, there are more shares in the system than the company has sold.

The magnitude of the counterfeiting is hundreds of millions of shares every day, and it may be in the billions. The real answer is locked within the prime brokers and the DTC. Incidentally, counterfeiting of securities is as

It is estimated that 1000 small companies have been put out of business by the shorts.

PDF (12 Pages): Paper Counterfeiting Stock

THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?