Chapter 431 The Real Wakanda(2/3)
What Abel meant was that he wanted some of the shares in the Federal Reserve Bank of New York that they held.
Something like the Federal Reserve is destined not to be controlled by one person or one or two families.
The study was quiet for several minutes.
Ordinary people in the outside world only know some general shareholders, but they have no idea about their internal details.
Even in the past, Dezhou was severely beaten, and then it was discovered that it could benefit from being in this big family, so it stopped being so aggressive later on.
"We all know that in 1913, the federal government and Congress passed the Federal Reserve Act. According to the regulations, the entire United States was divided into 12 Federal Reserve districts, and each reserve district established a Federal Reserve Bank. 12 Federal Reserve Banks
, constitutes the Board of Governors of the United States Federal Reserve.”
At the end of the sentence, Abel landed with a sound, and was already looking at John Chris Morgan and David Rockefeller who looked ugly with piercing eyes.
"The Dallas Federal Reserve Banks of Texas, New Mexico and Louisiana feel that the distribution of voting rights at the Federal Reserve since 1913 is unreasonable and outdated."
The atmosphere was very bad, and Abel accepted it calmly.
For a time, the atmosphere in the study room of the Morgenthau family became extremely depressing.
If the Federal Reserve Bank of San Francisco and the Federal Reserve Bank of Dallas really want to launch a challenge now.
If it's just this part, the two of them will be angry, but they can understand it.
What's more, Texas is developing so rapidly now that a large number of states in New York State are beginning to decline.
And it may be reduced by more than 1%.
After merging with Texas Consortium.
After Abel finished speaking, the two old men, John Chris and David, interacted for the first time.
David Rockefeller spoke, his voice becoming hoarse.
Taking a deep breath, David Rockefeller spoke again:
"Mr. Smith, do you know what will happen if you really do this?"
Among the 12 Federal Reserve Banks, the Federal Reserve Bank of New York has the highest status and has the most voting rights.
If the alliance leader brings everyone together to make money, then everyone will naturally listen to the alliance leader's words.
The core figure of this California consortium, like Abel today, once raised a similar topic at an internal shareholder meeting of the Federal Reserve.
It is precisely because the Federal Reserve Bank of New York has the highest status.
This is also the reason why these two families have been able to thrive in the United States. The foundation lies in this.
Nowadays, the economy is second to none, and New York State is dissatisfied with the second largest economy. That is completely normal.
David was lying on the sofa chair, smoking a cigar and staring at Abel without saying a word.
The public office of the Federal Reserve is located in Washington, DC, under the jurisdiction of the federal government.
Abel now actually proposes to reform the voting rights of Federal Reserve shareholders.
As it turned out, the contact had just begun, and their bait hadn't been thrown out yet.
Abel spread his hands and placed them on the armrests of an antique sofa chair from the 18th century French Regency period in the study room of the Morgenthau family.
It was he who relied on his own talent to climb to high positions step by step, and became the main core of the Texas consortium.
Fortunately, Abel is not an ordinary person, and now he is also one of the upper echelons of this country.
What exactly the two of them talked about is only known to them.
To put it bluntly, this organization, or the people behind it.
David Rockefeller's cloudy eyes widened.
John Chris Morgan was still smiling, but his smile was not as bright as before.
The smile that had frozen on his face just now bloomed again, and he showed good self-control.
Families like Morgan and Rockefeller, why do they have such a high status in the United States?
"What I want to say is that the Federal Reserve Bank of New York at that time occupied 50% of the assets of the United States, so it had a corresponding 50% voting power, which was reasonable. But that was in 1913."
Therefore, the major shareholders of the Federal Reserve Bank of New York naturally have the greatest influence on this institution.
"Texans think this is very unreasonable. In 1913, Texas' GDP accounted for only 2% of the U.S. GDP. But now, Texas accounts for 9.9% of the U.S. GDP. And New York
The state is 10.5%..."
Even if it is lowered, the New York Federal Reserve Bank is still estimated to be ranked first.
"Does your statement represent Texas or even California? You are starting a war!"
Abel chuckled.
The two old guys also didn't say a word for a long time.
The Wilson family is one of the controllers of the California consortium.
The Federal Reserve Bank of San Francisco is in a bit of trouble.
David Rockefeller half-smiled, "Did I hear correctly? Mr. Smith, although I am old, I think my hearing is still good. Did I hear wrong just now?"
"Please speak, Mr. Smith." The slightly younger John Cleese said softly.
This "bomb" dropped by Abel.
The proportion of voting rights is very low.
He said: "What if I said, I want the Fed?"
Slade Wilson even took the initiative to treat him to a banquet, and the two were chatting and laughing happily at the banquet of the California consortium.
It would shock the two old guys.
"The rules that were almost 100 years ago may be time for appropriate changes. I talked to Mr. Slade Wilson, and he said that he and his friends felt the same way."
If the Federal Reserve is half the world's central bank, then the New York Federal Reserve is half the U.S. central bank.
Than Abel wants shares of the Fed.
A Dallas Fed, not terrible.
He is the director of the world stage.
Its equity holders and internal details are also one of the country's top secrets.
This is the benefit that the New York Fed's status brings to them.
Abel knew that the two old guys in front of him, or the two families behind them, were the two largest shareholders of this organization.
Abel looked directly into his old eyes, "Mr. Wilson and I are good friends, and many people know this. Oh, I also have a very good relationship with Miss Kayla Wilson. And Mr. John Stumpf. These things.
Don’t talk about you guys, I don’t know how many times it has been reported in the newspapers.”
On a face covered with age spots, a pair of cloudy eyeballs exuded a serious look.
Even if Abel can really get the shares of this organization, the amount will definitely not be large.
Facing the second person who may be the master of this country, he was neither humble nor arrogant, and talked eloquently:
At this time, John Chris Morgan, who had been smiling the whole time from the beginning, finally disappeared the smile on his face.
Naturally, John Cleese and David also understood.
In addition, Slade Wilson was not very determined at the time and was "persuaded" later.
"So..." He looked at David Rockefeller and John Chris Morgan:
But its actual organizational nature is that of a private banking system.
"You will cause the stable Federal Reserve to become turbulent internally. And if this institution cannot perform its functions, the entire United States will be affected. If the United States is affected, the whole world will be affected."
Smith Financial Group holds a portion of First National Bank of Dallas.
Speaking of Texas...the Lone Star State has always been rebellious.
Neither did David and John Cleese.
At this moment, I was faced with John Cleese’s slightly perfunctory words.
He laughed again: "Didn't we fight once in 1861?"
What David and John Cleese were afraid of were these two rebels, in case they really talked about something.
Compared to David, John Cleese laughed almost the whole time:
"Mr. Smith, you are actually one of us now."
"That depends on what you want, Mr. Smith."
At this time, John Chris Morgan spoke.
The two people even left the crowd for a time and talked secretly for a long time in the sight of the crowd.
Having said this, Abel paused and looked at the two old guys.
They are the real masters of this country.
To be continued...