Lankford: "I'm concerned you're...encouraging anyone who has a large deposit at a community bank to say,
we're not going to make you whole, but if you go to one of our preferred banks, we will make you whole."

Yellen: "That's certainty not something that we're encouraging

So… if a large bank fails in the US, the FDIC steps in and takes over, replacing management,
and works to shrink the bank by writing-down liabilities and converting debt into equity.
In other words…
any liability at the bank is in danger of being written-down should the bank fail.
And guess what?
Deposits are considered liabilities according to US Banking Law and depositors are creditors.

While all banks would be required to pay for the plan, Yellen said under questioning Thursday that it would not apply to every bank.

The actions to protect SVB depositors will not extend to shareholders and certain unsecured debt holders,
the regulators said, while senior management has been removed. Any losses to the federal Deposit Insurance Fund,
which will pay out uninsured depositors, will be recovered by a special assessment on banks, a current aspect of federal law.

The decision comes after a weekend of debate about whether the FDIC would go beyond the $250,000 insurance limit for deposits,
with much of the claims at SVB, the second-largest bank failure in U.S. history with about $220 billion in assets, being uninsured.

She said the federal government would extend the privilege only to troubled banks whose failure would have a profound impact on the U.S. financial system.

Yellen was grilled by Oklahoma GOP Senator James Lankford over the Biden administration's handling of the banking crisis,
which saw the federal government offer a multibillion-dollar bailout to Silicon Valley Bank (SVB)
after a bank run left it without enough cash to back up hundreds of millions of dollars of its clients' deposits.
Most of those deposits were not insured.

To address the crisis, U.S. bank regulators announced a plan last weekend to fully insure all deposits at SVB as well as the crypto-friendly Signature Bank.

This would cover all deposits above the Federal Deposit Insurance Corp.'s insured limit of $250,000.
Federal officials said the plan would be paid for by a special fee levied on all FDIC institutions.

G20 - (n) the world’s largest 19 national economies, including the USA, and the European Union together, a group of 20.
Additionally,
there are representatives of the International Monetary Fund (IMF) and the World Bank. The G20 finance ministers and central bank governors began meeting in 1999,
at the suggestion of the G7 finance ministers in response to the financial crisis in the 1990s.

Bailin - (v/n) restructuring of a financial institution on the brink of failure, by forcing its creditors and unsecured depositors to take losses on their holdings.
It often gets regarded as a rescue of last resort to help a troubled financial institution's ability to attract future business.
A bail-in is different from a bail-out,
which involves the rescue of a financial institution typically by government credit extensions into the failing private sector.

‘Systemic risk exception’ invoked to fully protect all Silicon Valley Bank depositors, Fed rolls out new backstop for banking sector

https://fortune.com/2023/03/12/all-silicon-valley-bank-depositors-will-be-fully-protected-federal-reserve-janet-yellen-fdic/

Is FDIC about to make all depositors whole?

"The FDIC may end up having to waive the deposit insurance cap and make everybody whole to avoid a broader run.
First Republic,
Western Alliance Bank and other lenders popular in Silicon Valley are facing withdrawals and have been trying to calm investors and depositors".

https://www.tigerdroppings.com/rant/politics/is-fdic-about-to-make-all-depositors-whole/107238574/

Treasury Secretary Janet Yellen testifies before House Financial Services Committee — 5/12/22

https://www.youtube.com/watch?v=asJTRpS4YUI

Janet Yellen Addresses Tough Reality of Americans' Money Amid Bank Panic

https://www.newsweek.com/janet-yellen-addresses-tough-reality-americans-money-amid-bank-panic-1788353

Yellen rules out bailout for SVB: "We're not going to do that again"

https://www.msn.com/en-us/money/markets/yellen-rules-out-bailout-for-svb-were-not-going-to-do-that-again/ar-AA18wx0E

Janet yellers policy would destroy small us banks while bailing out Chinese depositors experts say

https://dailycaller.com/2023/03/17/janet-yellens-policy-would-destroy-small-us-banks-while-bailing-out-chinese-depositors-experts-say/

https://www.gsam.com/content/dam/gsam/pdfs/us/en/fund-resources/monthly-fund-profile/FP_MMA_FSGovernmentFund_600658.pdf?sa=n&rd=n

FSOXX | Goldman Sachs FS Government Fund

https://www.marketwatch.com/investing/fund/fsoxx

FSOXX U.S.: Nasdaq Goldman Sachs FS Government Fund

https://www.marketwatch.com/investing/fund/FSOXX/charts

Why seniors are blocking entrances to the four largest U.S. banks
Protests in cities across the country will target Chase, Bank of America, Citi and Wells Fargo

https://www.washingtonpost.com/climate-environment/2023/03/21/climate-banks-protest-fossil-fuels/

Wall Street's 4 top banks just had $55 billion wiped off their market value in a single day

https://markets.businessinsider.com/news/stocks/jpmorgan-bank-of-america-biggest-banks-market-cap-value-wipeout-2023-3?op=1

Beware of Bank Bail-Ins - A Bail Out Using Your Money

https://rumble.com/vt58p9-beware-of-bank-bail-ins-a-bail-out-using-your-money.html

FDIC Transparency with Bank Bail-in Systemic Resolution Advisory Committee 11-9-22

https://rumble.com/v24wbl0-fdic-systemic-resolution-advisory-committee-11-9-22.html

6 Mega Banks Which May "Bail You In" | G20 Bank Bail-In Laws

https://rumble.com/vt5967-6-mega-banks-which-may-bail-you-in-g20-bank-bail-in-laws.html

FEDNOW CRIEDT/DEBIT SYSTEM The Fed Just Announced CBDC Launch 2023

https://rumble.com/v20siuq-fednow-criedtdebit-system-the-fed-just-announced-cbdc-launch-2023.html

19:20 mark, 59: mark, 1:10 mark, 1:19 mark, 1:22 mark, 1:24 mark, 135 mark

FDIC Transparency with Bank Bail-in Systemic Resolution Advisory Committee 11-9-22

https://rumble.com/v24wbl0-fdic-systemic-resolution-advisory-committee-11-9-22.html

From Bailouts to Bail-Ins: Understanding the Dodd-Frank Act

https://infinitebanking.org/banknotes/from-bailouts-to-bail-ins-understanding-the-dodd-frank-act/

Bail-in powers implementation

https://www.gov.uk/government/consultations/bail-in-powers-implementation-including-draft-secondary-legislation/bail-in-powers-implementation

Singapore Finalises Statutory Bail-In Regime For Banks.

https://conventuslaw.com/report/singapore-finalises-statutory-bail-in-regime-for/

Bail-In: Definition and Role in a Financial Crisis

https://www.investopedia.com/terms/b/bailin.asp

The FDIC's Resolution Planning Process

https://www.fdicoig.gov/reports/audits-and-evaluations/fdics-resolution-planning-process

Dodd-Frank Act

https://cftc.gov/lawregulation/doddfrankact/index.htm

The FDIC’s Readiness for Crises Summary

https://live-fdic.oversight.gov/news/summary-announcements/fdics-readiness-crises-summary

FDIC to Centralize Key Aspects of Its Large, Complex Financial Institution Activities

https://www.fdic.gov/news/press-releases/2019/pr19056.html

FDIC to Centralize Large Bank Supervision, Resolution Activities

https://bankingjournal.aba.com/2019/06/fdic-to-centralize-large-bank-supervision-resolution-activities/

United States: FDIC Creates Division Of Complex Institution Supervision And Resolution

https://www.mondaq.com/unitedstates/financial-services/824426/fdic-creates-division-of-complex-institution-supervision-and-resolution

FDIC Bankers Discuss ‘Bail-Ins’ To Deal With Approaching Market Collapse

https://ussanews.com/2023/01/02/fdic-bankers-discuss-bail-ins-to-deal-with-approaching-market-collapse/

Must Watch: FDIC Bankers Discuss ‘Bail-Ins’ To Deal With Approaching Market Collapse

https://whiskeytangotexas.com/2023/01/02/must-watch-fdic-bankers-discuss-bail-ins-to-deal-with-approaching-market-collapse/

Why Bank Bail-Ins Will Be the New Bailouts

https://www.investopedia.com/articles/markets-economy/090716/why-bank-bailins-will-be-new-bailouts.asp

H.R.4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act

https://www.congress.gov/bill/111th-congress/house-bill/4173

'Legalized' G20 Bank Bail-In Laws

https://ncrenegade.com/legalized-g20-bank-bail-in-laws/

New Financial Crisis Laws: Bank Bail-ins, Money Market Freeze

https://sdbullion.com/blog/new-financial-crisis-laws

Can banks legally confiscate your deposits without your permission?

https://moorejustinmusic.com/students-life/can-banks-legally-confiscate-your-deposits-without-your-permission-to-bail-themselves-out/

Bank deposit Bail In law is biggest threat to average USA

https://www.investmentwatchblog.com/bank-deposit-bail-in-law-is-biggest-threat-to-average-usa-g20-savers-hsbcs-james-steel-gold-is-a-highly-regarded-asset/

New G20 Rules: Cyprus-style Bail-ins to Hit Depositors AND AND Pensioners

https://www.resilience.org/stories/2014-12-02/new-g20-rules-cyprus-style-bail-ins-to-hit-depositors-and-pensioners/

Resolving Globally Active, Systemically Important,
Financial Institutions

https://www.fdic.gov/about/srac/2012/gsifi.pdf

More than 4,000 bank branches in the UK have closed in the past six years as lenders increase digital services for customers

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/uk-banks-speed-up-plans-to-ax-branches-and-switch-focus-to-digital-63761687

LEGALIZED BANK BAIL-INS

https://sdbullion.com/legalized-bank-bail-ins

EXCLUSIVE-IMF, 10 countries simulate cyber attack on global financial system

https://www.nasdaq.com/articles/exclusive-imf-10-countries-simulate-cyber-attack-on-global-financial-system

The New Banking Crisis — In Two Frightening Graphs

https://wallstreetonparade.com/2016/09/the-new-banking-crisis-in-two-frightening-graphs/

New Financial Crisis Laws: Bank Bail-ins, Money Market Freeze

https://sdbullion.com/blog/new-financial-crisis-laws

Bank 4.0 and the Future of Financial Services

https://rumble.com/vpoh89-bank-4.0-and-the-future-of-financial-services.html

They will be launching the ‘Fed Now’ service, which will be the infrastructure for the American CBDC
Federal Reserve updates FedNow Service timing to mid-2023, marks beginning of full-scale pilot testing  

https://www.federalreserve.gov/newsevents/pressreleases/other20220829a.htm

Are you ready for a central bank digital currency here in the States? Well, regardless of whether you are ready or not, the Federal Reserve has announced that next July in 2023

Today's Central Bank Digital Currencies Status

https://cbdctracker.org/

FedNow to launch by mid-2023, Fed official says

https://www.paymentsdive.com/news/fednow-federal-reserve-bank-instant-payments-real-time-CBDC/630059/

Cashless Society | Dystopian Sci-Fi Short Film

https://rumble.com/v20m59q-cashless-society-dystopian-sci-fi-short-film.html

Facial Recognition Social Credit Score

https://rumble.com/v20hv6i-facial-recognition-social-credit-score.html

CBDC DIGITAL CURRENCY

https://rumble.com/vpog4t-november-23-2021.html

CBDC DIGITAL CURRENCY TRACK EVERYTHING

https://rumble.com/vpogi3-cbdc-digital-currency-track-everything.html

G06F3/011 Arrangements for interaction with the human body, e.g. for user immersion in virtual reality Virtual reality training

https://patentimages.storage.googleapis.com/46/3f/9c/fe30fde49ec532/US20170148214A1.pdf

https://patents.google.com/patent/US20170148214A1/en

Cipher block chaining decryption

https://patentimages.storage.googleapis.com/22/6d/41/1f95f68d53de1a/US7200226.pdf

G06Q20/3672 Intelligent token initializing or reloading

https://patents.google.com/patent/US20140344167A1/en

Intelligent token initializing or reloading

https://www.patentsencyclopedia.com/class/000554423

Intelligent Token Initializing Or Reloading Patents

https://patents.justia.com/patents-by-us-classification/705/66?page=2

Universal Application and Reactive Communication

https://patents.google.com/patent/US20140344167A1/en

IMF recommends CBDC and global crypto standards for financial stability

https://uptodatecryptonews.com/imf-recommends-cbdc-and-global-crypto-standards-for-financial-stability/

India’s Crypto Economy | Can RBI’s CBDC Counter Bitcoin?

https://inc42.com/infocus/indias-crypto-economy-can-rbis-cbdc-counter-bitcoin/

CBDC Technology Considerations

https://www3.weforum.org/docs/WEF_CBDC_Technology_Considerations_2021.pdf

Facial Recognition Social Credit Score
https://rumble.com/v20hv6i-facial-recognition-social-credit-score.html

Forget About The Chinese, American Social Credit Scores Are Already Here

https://shoebat.com/2020/08/01/forget-about-the-chinese-american-social-credit-scores-are-already-here/

ESG scores similar to China's social credit system, designed to transform society, think tank director says

https://www.foxbusiness.com/economy/esg-scores-similar-china-social-credit-system-designed-to-transform-society-think-tank-director-says

China just announced a new social credit law. Here's what it says

https://www.technologyreview.com/2022/11/22/1063605/china-announced-a-new-social-credit-law-what-does-it-mean/

Social Credit System - Wikipedia

https://en.wikipedia.org/wiki/Social_Credit_System

What is Your Personal ESG Score and Why Should You Care?

https://www.esgthereport.com/what-is-your-personal-esg-score-and-why-should-you-care/

ESG Scores: YOU Are Being Monitored, Evaluated, Against THEIR Criteria

https://www.citizensjournal.us/esg-scores/

The Game of Life: Visualizing China’s Social Credit System

https://www.visualcapitalist.com/the-game-of-life-visualizing-chinas-social-credit-system/

China's 'social credit' system

https://vaughncordle.substack.com/p/chinas-social-credit-system

China Assigns Every Citizen A 'Social Credit Score' To Identify Who Is And Isn't Trustworthy

https://www.cbsnews.com/newyork/news/china-assigns-every-citizen-a-social-credit-score-to-identify-who-is-and-isnt-trustworthy/

How China uses facial recognition to control human behavior

https://www.cnet.com/news/politics/in-china-facial-recognition-public-shaming-and-control-go-hand-in-hand/

How China Is Using Facial Recognition Technology

https://www.npr.org/2019/12/16/788597818/how-china-is-using-facial-recognition-technology

Sichuan University Professor Uses Facial Recognition Tech

https://www.thrillist.com/news/nation/sichuan-university-professor-uses-facial-recognition-tech-test-boredom-students

How facial recognition allowed the Chinese government to target minority groups

https://www.npr.org/2022/12/09/1141627539/how-facial-recognition-allowed-the-chinese-government-to-target-minority-groups

Facial recognition law in China

https://jme.bmj.com/content/medethics/early/2022/04/11/medethics-2022-108130.full.pdf

Facial Expression Recognition With Machine Learning and Assessment of Distress in Patients With Cancer

https://pubmed.ncbi.nlm.nih.gov/33337433/

China Social Credit System Explained - How It Works [2022]

https://nhglobalpartners.com/china-social-credit-system-explained/

China's 'social credit' system ranks citizens and punishes them with throttled internet speeds and flight bans if the Communist Party deems them untrustworthy

https://www.businessinsider.com/china-social-credit-system-punishments-and-rewards-explained-2018-4?op=1

The IRS Facial Recognition Verification tax 2022

https://rumble.com/vv0vpu-the-irs-facial-recognition-verification-tax-2022.html?mref=lzerp&mrefc=2

The IRS Drops Facial Recognition Verification After Uproar

https://www.wired.com/story/irs-drops-facial-recognition-verification/

Facial Recognition

https://www.wired.com/tag/facial-recognition/

IRS 'struck a nerve' with facial recognition, but pieces missing in fight against fraud

https://federalnewsnetwork.com/agency-oversight/2022/02/irs-struck-a-nerve-with-facial-recognition-but-pieces-missing-in-fight-against-fraud/

$86.1 M id me program

https://www.usaspending.gov/award/CONT_AWD_2032H521F00420_2050_2032H520A00009_2050

biosensor cryptocurrency patent wo2020060606a1
Cryptocurrency system using body activity data

https://patentimages.storage.googleapis.com/58/f5/bf/bf453d0035610f/WO2020060606A1.pdf

Microsoft has patented a system that uses human biometrics such as body heat and brain-wave activity to mine cryptocurrency. The patent, filed under international patent number WO-2020-060606 and titled ‘Cryptocurrency System Using Body Data Activity’, leverages human body activity as proof-of-work.

https://biohackinfo.com/news-microsoft-patent-wo2020060606-human-biometrics-crypto-mining/

Central Bank Digital Currency (CBDC): In-Depth Guide

https://research.aimultiple.com/cbdc/

‘Cash Is Disappearing,’ BOE Official Says Building Case for CBDC

https://www.bloomberg.com/news/articles/2021-11-22/-cash-is-disappearing-boe-official-says-building-case-for-cbdc

What Is a CBDC?

https://www.kogocrypto.com/what-is-a-cbdc/

ECB publishes white paper on its own crypto currency

https://21-btc.club/ecb-publishes-white-paper-on-its-own-crypto-currency/

Artificial Neural Network

https://www.sciencedirect.com/topics/earth-and-planetary-sciences/artificial-neural-network

Artificial neural networks

https://www.mit.edu/~kimscott/slides/ArtificialNeuralNetworks_LEAD2011.pdf

Social Credit Score ALL FREEDOMS DIE WITH THIS

https://rumble.com/v1297uv-social-credit-score-all-freedoms-die-with-this.html

NEW NATIONAL VAX PASS! Social Credit Is Being ROLLED OUT As People Are DISTRACTED By Ukraine War!

https://rumble.com/v10mm3h-new-national-vax-pass-social-credit-is-being-rolled-out-as-people-are-distr.html

THE FINAL SOLUTION. FULL DIGITIZATION. “THE QR CODIFICATION OF THE WORLD”

https://rumble.com/vnsynf-the-final-solution.-full-digitization.-the-qr-codification-of-the-world.html

SCIENCE & TECHKlaus Schwab: Great Reset Will “Lead to a Fusion of Our Physical, Digital and Biological Identity”

https://summit.news/2020/11/16/klaus-schwab-great-reset-will-lead-to-a-fusion-of-our-physical-digital-and-biological-identity/

https://apps.who.int/iris/bitstream/handle/10665/343361/WHO-2019-nCoV-Digital-certificates-vaccination-2021.1-eng.pdf?sequence=1&isAllowed=y

Digital Documentation of COV Certificates: Vaxxination Status

https://apps.who.int/iris/bitstream/handle/10665/343361/WHO-2019-nCoV-Digital-certificates-vaccination-2021.1-eng.pdf?sequence=1&isAllowed=y

Your digital identity can be used against you in the event of a great reset
The digital identity push under the ‘great reset’ agenda risks enabling an authoritarian social credit system on a global scale: perspective

https://sociable.co/technology/your-digital-identity-used-against-you-great-reset/

Digital DNA to identify and target individuals through Frequencies

https://rumble.com/vp694i-synthetic-virus-digitizes-dna-linking-humanity-to-the-matrix-through-5g-fre.html

An Artificial Intelligence/Machine Learning Perspective on Social Simulation:

https://www.rand.org/content/dam/rand/pubs/working_papers/WR1200/WR1213/RAND_WR1213.pdf

The Notion of Wave-Genome and DNA as Topological Quantum Computer

http://scireprints.lu.lv/69/2/gari.pdf

Hybrid classical-quantum computer architecture for molecular modeling

https://patents.google.com/patent/US20070239366A1/

THE DNA RESONANCE CODE

https://www.researchgate.net/profile/Max-Myakishev-Rempel/publication/327763423_On_the_DNA_resonance_code/links/5ba30b5e299bf13e603e45f0/On-the-DNA-resonance-code.pdf

DIGITAL TO BIO*LOGICAL CONVERTER