Anonymous ID: d1ae64 June 25, 2021, 12:47 p.m. No.66154   🗄️.is đź”—kun   >>6156 >>6182 >>6187

Federal Reserve Bank of New York Reverse Repo. Ops-Week of June 20th: $3.954T

 

Monday June 21 $765.14B with 68 counterparties

Tuesday June 22 $791.60B with 74 counterparties

Wednesday June 23 $813.57B with 73 counterparties-also one earlier for .07B as a 'test' that had 77 counterparties

Thursday June 24 $813.04B with 75 counterparties

Friday June 25 $770.83B with 74 counterparties

 

The weekly total of $3.954T added to last weeks rolling total of: $14.407T gibs us:$18.361Tof 'cash' parked at the FRBNY since April 8th 2021.

Wait until the short issue T note auctions...prolly print a negative rate soon

 

https://apps.newyorkfed.org/markets/autorates/tomo-results-display?SHOWMORE=TRUE&startDate=01/01/2000&enddate=01/01/2000

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

 

all pb

>>64313 Federal Reserve Bank of NY Reverse Repo. Operations-week of June 13th-$3.11T

>>47697 pb Federal Reserve Bank of New York Reverse Repo(s) April 8-23: $625.35B

>>49822 pb Federal Reserve Bank of New York Reverse Repo Operations April 26-30: $766.523B

>>51731 pb Federal Reserve Bank of New York Reverse Repo Operations week of May 2nd, 2021-$757.09b

>>53526 pb Federal Reserve Bank of New York Reverse Repo Operations Week of May 9th-$1.042T

>>55522 pb Federal Reserve Bank of New York Reverse Repo Operations Week of May 16th-$1.46T

>>57726 pb Federal Reserve Bank of NY Reverse Repo Operations-week of May 23rd, 2020

>>59773 pb Federal Reserve Bank of New York Reverse Repo Operations-Week of May 30th,2021-$1.84T

>>62285 pb Federal Reserve Bank of New York Reverse Repo. Operations-week of June 6-$2.569T

Anonymous ID: d1ae64 June 25, 2021, 1:05 p.m. No.66166   🗄️.is đź”—kun   >>6173 >>6182 >>6187

AF2 USAF C-32A on descent for LAX from El Paso Int'l

PAT837 US Army Bech C-12 Huron also departed from El Paso a few minutes prior and also wn

 

and nao the blame game...."not muh fault it's this guy"

 

Mayorkas falls on sword for Harris over El Paso trip decision

 

Homeland Security Secretary Alejandro Mayorkas tried to shield Vice President Kamala Harris from some of the heat she has received for flying to El Paso, Texas, on her trip to the southern border as opposed to the Rio Grande. "I recommended to the vice president that we visit El Paso because it is one of the busiest sectors on the border," Mayorkas said at a press conference Friday at the conclusion of Harris's trip. "El Paso reflects many diverse elements of our mission. It demonstrates also the progress that has been made and the work that remains."

https://www.washingtonexaminer.com/politics/mayorkas-falls-on-sword-harris-el-paso-decision

Anonymous ID: d1ae64 June 25, 2021, 1:41 p.m. No.66177   🗄️.is đź”—kun   >>6178 >>6182 >>6187

Trump’s Thwarted Oil Buy Would’ve Given Biden $6 Billion Bonanza

 

A bipartisan compromise unveiled Thursday calls for selling oil from the U.S. emergency stockpile to fund billions of dollars in roadwork and other infrastructure.

 

But Democrats missed their shot at a bonanza and a $6 billion down payment on the infrastructure package by killing a plan last year to buy crude for the reserve at rock-bottom prices. The foregone purchase of as much as $3 billion worth of oil, which was urged by Republicans and the Trump administration as a way to help the industry reeling from a crude glut at the start of the pandemic, was blocked by congressional Democrats who didn’t want to use federal money to prop up fossil fuels. Senate Democratic Leader Chuck Schumer crowed to his colleagues that the deal blocked a “bailout for big oil.” It was a missed buying opportunity.

 

At the time, buying $3 billion worth of West Texas Intermediate crude would have brought in 122.5 million barrels for the Strategic Petroleum Reserve at $24.49 each and likely require finding additional storage space. If sold at today’s price of about $73.60 per barrel, that crude would generate slightly more than $9 billion, for a profit of about $6 billion. Estimates are limited because it’s unclear when, exactly, sales and purchases would have taken place and such big U.S. government purchases might have boosted prices, as well as incurred additional transactional costs. Further congressional changes also may have been required to increase the reserve’s capacity. Still, a U.S. government purchase in March 2020 with a corresponding sale today would be the epitome of buying low and selling high.

 

Although the Strategic Petroleum Reserve was established after the Arab oil embargo in the 1970s to help the U.S. weather supply shocks, Congress has increasingly used it as a piggy bank, selling off stockpiled crude to pay for everything from medical research in 2015 and tax cuts two years later. On Friday, Energy Secretary Jennifer Granholm defended the current plan, which President Joe Biden supports, casting it as commonplace during an interview with Bloomberg Television. Every year, she said, Congress uses the emergency stockpile “to pay for something or another that may not be related to the reserve itself.” Former President Donald Trump’s failed plan last year to buy crude represented a twist on that approach, as an effort to help the oil industry by taking supplies off a glutted global market.

 

But a March 2020 effort to tie the oil purchase to investments in clean energy as part of a Covid recovery package faltered in Congress.

https://www.bnnbloomberg.ca/trump-s-thwarted-oil-buy-would-ve-given-biden-6-billion-bonanza-1.1621841

Anonymous ID: d1ae64 June 25, 2021, 1:55 p.m. No.66180   🗄️.is đź”—kun   >>6182 >>6187

>>66178

Shrub filled it up towards the end of 2007 and it went from $70 to $100 (and higher).

Basically stealth bailout of Oil system right in front of mkt event in 2008

The Futures trading took it higher and the print on $150/pbl was a trader who just wanted have the print of $150..nothing moar.

Anonymous ID: d1ae64 June 25, 2021, 2:08 p.m. No.66181   🗄️.is đź”—kun

>>66161, >>66163, >>66165, >>66168, >>66169

 

Feds accelerating crypto world crackdown

 

A recent job posting on the Justice Department’s website is yet another indication that the federal government is about to accelerate its oversight of criminal activity in the crypto world, FOX Business has learned.

 

The posting says the DOJ is looking to hire a trial attorney with expertise in both cryptocurrencies and blockchain technologies as well as money laundering and asset forfeiture law to work within the department’s Criminal Division. The position will specifically be assigned to a unit focusing on crypto-related crimes. Responsibilities include prosecuting criminals who use digital currencies as vehicles for illegal activity and providing advice to federal agents on legislative and regulatory matters.

 

The posting, though unremarkable on the surface, is further proof that the federal government is worried about the proliferation of crimes involving digital currencies such as Bitcoin and Ethereum, and plans a broad criminal crackdown on illicit activities in the crypto world. In recent weeks, crypto-related criminal activity has been making national headlines, particularly with the cyberattack on the Colonial Pipeline in May that resulted in the days-long shutdown of the country’s largest fuel pipeline. Russian hackers were behind the move and they demanded $5 billion in ransom money, which was paid by Colonial’s CEO in bitcoin.

 

The FBI ultimately recovered around half of the money by seizing a so-called digital wallet that contained the ransom. Last year, the DOJ seized $1 million in crypto assets from the now-defunct Silk Road marketplace, one of the most notorious criminal digital-currency black markets in existence.

 

Aside from criminal activities, both the Securities and Exchange Commission and the Treasury Department are monitoring the hype surrounding Bitcoin and other digital currencies and whether small investors are being misled to buy cryptocurrencies, which have no immediate inherent value. Digital currencies are used when transacting business through blockchain technologies, but the industry is nascent and has yet to gain broad acceptance as a tool to transact business.

 

"There's absolutely nothing you can do with Bitcoin - it doesn't have a characteristic of a commodity, it doesn't have the characteristics of an asset, so it’s just a token, a speculative token," says crypto skeptic Peter Schiff, chief economist and global strategist at Europac. "Right now people want to collect it because they don't really understand it".

 

Meanwhile, on the world stage, global regulators have been closely scrutinizing cryptocurrencies over the past few weeks. Most recently, China’s central bank ordered state-owned banks and payment provider Alipay to cut off all transactions related to Bitcoin. South Korea just confiscated $47 million in crypto assets in an effort to crackdown on tax evasion.

 

Here in the U.S., the DOJ’s crypto task force known as the Digital Currency Initiative was established in 2018. The unit was created following then-special counsel Robert Mueller’s indictments against Russian Intelligence officers using cryptocurrencies in their efforts to interfere in the 2016 U.S. Presidential election.

 

The Justice Department did not respond to our request for comment on this story.

https://www.foxbusiness.com/money/feds-accelerating-crypto-world-crackdown