S.3571 – Banking for All Act

Congress.gov

Introduced in Senate (03/23/2020)

Banking for All Act

This bill requires Federal Reserve member banks to provide digital pass-through accounts (i.e., digital dollar wallets) to residents and citizens, and to businesses domiciled in the United States. Among other things, these accounts must provide specified banking services to eligible persons who elect to deposit funds into these accounts, including access to COVID-19 (i.e., coronavirus disease 2019) aid payments. These accounts may not charge fees or have balance requirements, and must provide a specified interest rate.

In areas with limited access to Federal Reserve member banks, these banks must partner with postal retail facilities to provide services.

Federal Reserve banks must permit state nonmember banks and credit unions to open master accounts for the purpose of offering digital pass-through accounts.

Postal retail facilities and certain small banks must be reimbursed by the appropriate Federal Reserve bank for operational costs incurred by offering the accounts.

https://www.congress.gov/bill/116th-congress/senate-bill/3571

13 thoughts on “S.3571 – Banking for All Act

  1. Mark, this is the plan to implement the cashless society. This evil people know that alot of people are hungry, jobless and desperate and will except any terms to get that 2 nd stimulus check, including giving up cash. Tell me what you think.

    1. I think that its another avenue to a quick death, by way of forced injections. No shot, no digital cash.

      Thx Tammy

  2. “Communism is devoted to concentrating all wealth and power in the hands of the central banking cartel (the Rothschilds and their allies) by disguising it as State power. The central banking cartel is the ultimate monopoly. It has an almost global monopoly over government credit. Its goal is to translate this into a monopoly over everything — political, cultural, economic and spiritual. One world government equals Rothschild monopoly equals Communism. Communism is really monopoly capitalism.”
    — Henry Makow

    .

  3. This is a true stinker. Reading the accompanying bills related to this honker reveals the extent of their plans.
    They’ve been busy this past summer: Bill 8562 Pandemic Essential Supplies Act, Bill 8555 Vaccine Fairness Act of 2020, Bill 8542 Defeat Pandemic Propaganda Act of 2020, Bill 8541 To help insure Covid-19 does not prevent disabled veterans from using the medical treatment leave to which such veterans are entitled, and for other purposes,
    Bill 8540 Keeping Seniors Safe from Covid-19 Through Home Design Act of 2020…
    It goes on and on.
    They got B I G plans for we smalluns!

  4. Listening to Deborah Tavares about banks including “Force Mejure” on statements to absolve liability in case of natural (or man made?) disasters. One easy way to take all paper assets would be unit 6600 or similar to cyber punk American banks’ accountability. If back doors are as real as they seem, why couldn’t they blame a cyber hit, then make data bases go dark, so banks can’t confirm customer balances. This would bring commerce to a standstill. Just 3 or so months of no power, food shortage, starvation, etc. would make a very compliant population. Then, just like Great Depression, the gov would come in to help, with UBI, and a Green New Deal, to put America back to work. On paper, the economy would boom with the $100 trillion of fake money.
    Debt would be forgiven. Home and asset owners would forego ownership part or whole to get UBI. So “You’ll own nothing”. “You’ll rent”. Bodda boom. If they really want everything, IMO, it would be easiest to take it in one operation, with people terrified, starving and broke.

    1. I listened to this a few weeks ago.
      When I met with the mayor here back in March, I outlined the scam and provided pertinent hard copy information and requested he meet with the president of the bank here as well as the CEO of the credit union and stress the importance of hard copy back up to accounts in addition to computer back up. I later learned through the city auditor the mayor did indeed meet with them however the CEO didn’t believe any of the information I supplied to the mayor. Oh well.

      1. Good for you Mary! The ones with the fanciest jobs sure accel at playing dumb, or should I leave out the playing part?

    2. “Just 3 or so months of no power, food shortage, starvation, etc. would make a very compliant population.”

      A billion guns will make a dead conspiracy. End of story.

  5. can we add Bankers to the pile at the bottom of the lake ?
    you know those bodies of the Lawyers have got to be getting lonely about now

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