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Treasury Secretary Scott Bessent Just Restructured The American Financial System to Destroy the U.S. Dollar

1 September 2026 at 20:01

Comments by Brian Shilhavy
Health Impact News

A Health Impact News reader reached out to me today about a Substack Page named The Leah Files, and Leah’s most recent posts about Treasury Secretary Scott Bessent and Secretary of Commerce Howard Lutnick’s efforts to intentionally crash the U.S. dollar and replace it with digital stablecoins.

Leah claims to have 20 years of experience in intelligence as a former CIA and NSA employee. She also has a YouTube channel.

Leah appears to have discovered the Trump Administration’s plan to crash the U.S. Dollar and profit from it, and her research appears to be rock solid.

Some of this information I already knew, but she covers the most recent actions by Bessent and ties the pieces together, which was a real eye-opener for me, so I decided to feature her work here on the Health Impact News network.

She gives great background on Scott Bessent and how he has a history of destroying countries’ currencies, and profiting from it.

This is what she wrote regarding Bessent and the actions he took as the U.S. Treasury Secretary during a 13-day period in August of 2026:

Between August 11 and August 24, 2026, Treasury Secretary Scott Bessent executed a sequence of decisions that, taken together, amount to the most aggressive restructuring of the American financial system in modern history. He did it in thirteen days and it’s being buried in the news…for good reason.

I am quoting extensive excerpts from her two-article series, and I encourage you to support her work (I did).

THE CURRENCY KILLER: SCOTT BESSENT

He broke five currencies and made billions. Then, he got the keys to the USD. All while having connections to Epstein and Ehud Barak.

by Leah

Excerpts:

Between August 11 and August 24, 2026, Treasury Secretary Scott Bessent executed a sequence of decisions that, taken together, amount to the most aggressive restructuring of the American financial system in modern history. He did it in thirteen days and it’s being buried in the news…for good reason.

On August 11, Bessent killed the Corporate Transparency Act and ordered the FinCEN beneficial ownership database deleted. Three days later, the President’s family crypto company received a federal bank charter.

Three days after that, Bessent published rules requiring every stablecoin in America to hold its reserves in Treasury bills. The national debt crossed $40 trillion the next day.

On August 19, he doubled the Treasury’s bond buyback program, the same mechanism he once used to make $3.5 billion breaking Japan’s currency. And on August 24, he announced “Operation Economic Outcast” and threatened to cut entire countries off from the dollar system.

I built a model to measure how close the United States is to a currency crisis.

I took the seven indicators that preceded every major currency collapse since 1992 and checked the U.S. against each one. Unfortunately, all seven are present. The historical record says that has never happened without a crisis following within twenty-four months.

The model turned out to be the easy part. The harder thing to explain is what I found behind the numbers: a system that appears designed not just to weaken the dollar, but to profit from the weakening. And the man running it has spent forty years doing exactly that to other countries.

The Man Behind the US Dollar

Scott Bessent’s career has one through line. He finds countries whose governments are weakening their own currencies, he bets against those currencies, and he collects when they break.

He started on George Soros’s team in the early 1990s. In 1992, Soros shorted the British pound on Black Wednesday and made a billion dollars in a single day.

Bessent was part of that trade, living in London and running the London office at the time. He went on to become Soros Fund Management’s chief investment officer, where he ran what the Wall Street Journal called the most profitable currency bet in the fund’s history: the yen.

Japan’s government had been buying its own bonds to suppress interest rates, which had the side effect of weakening the yen. Bessent recognized the pattern, shorted the currency, and made $3.5 billion when it crashed.

The Wall Street Journal called him “The Man Who Broke the Bank of Japan.” Fortune wrote that he “made a fortune spotting currency manipulation.”

He left Soros in 2015 and started his own fund, Key Square Capital, running the same strategy. Then Donald Trump nominated him for Treasury Secretary, and the man who had spent his career betting against vulnerable currencies was handed control of the most important one on earth.

What he has done since become the US Treasury Secretary with control of the US Dollar is worth a closer look.

He crashed the Iranian rial from 700,000 to 2 million per dollar through sanctions. Rice prices in Iran went up 60% and beef went up 150%. The broader conflict cost American consumers $53 billion in higher gas prices, according to the Dallas Fed.

He used between $20 and $40 billion in American taxpayer money to prop up Argentina’s peso ahead of a political ally’s midterm elections.

He blockaded Cuba’s economy and tourism collapsed by half with rolling blackouts becoming a permanent normalcy. To make matters worse, the country has posted three straight years of negative GDP.

The pattern is consistent. When the target is an adversary, he destroys their currency. When the target is an ally, he props theirs up with American money.

In both cases, the American public pays.

Seven Out of Seven

As an economist, I have studied historical currency collapses for years and I found that eery major one in modern history followed a pattern. I identified seven indicators that were present before the collapse. And I wanted to know how many of those indicators are currently present in the United States.

The answer…all of them.

In the historical record, four of these indicators meant a crisis was likely. Five meant it was almost certain.

I found all seven.

Operation Economic Outcast

On August 24, Bessent held a press conference and announced what he called “the single greatest financial offensive ever marshaled against an adversary.”

He sanctioned nearly 60 corporations, individuals, and vessels connected to Iran. He introduced five new categories of secondary sanctions targeting digital assets, cryptocurrency, gold, aviation, and shipping. He seized $1 billion in Iranian cryptocurrency.

Then he said:

“Any entity that facilitates money laundering on behalf of Iran will be removed from the U.S. dollar system. The clock just started ticking.”

When asked whether Chinese banks would be exempt, he said

“no one is above the reach of U.S. sanctions.”

The Treasury Secretary of the United States just threatened to cut entire nations off from the dollar. He did this while actively weakening the dollar through buybacks. While the debt just crossed $40 trillion. While he had just gutted the financial transparency system, and while the President’s family owns the only federally chartered private digital dollar in existence.

Countries that get cut off from the dollar system still need a way to transact in dollars. The only private digital dollar with a federal bank charter is USD1, owned by the Trump family.

Bessent is driving countries away from the dollar while the President’s family owns the replacement.

The Digital Dollar Play

Let’s play connect the dots.

On January 23, 2025, Trump signed an executive order banning any federal agency from creating a Central Bank Digital Currency. No government digital dollar, ever. He eliminated the only thing that could have competed with a private one.

Two months later, his family’s company, World Liberty Financial, launched USD1, a private stablecoin pegged to the U.S. dollar and backed by Treasury bills. The Trump family receives 75% of net profits. Abu Dhabi’s sovereign wealth fund, controlled by Sheikh Tahnoon bin Zayed, owns 49%. USD1 now has $4.6 billion in circulation.

In May 2025, Abu Dhabi’s MGX fund routed a $2 billion investment in Binance through USD1 specifically. That single transaction represented 75% of USD1’s total market cap at the time. Eric Trump and Zach Witkoff, the son of Trump’s Middle East envoy, announced the deal from a stage in Dubai.

Congress then passed the GENIUS Act, which requires every stablecoin issuer in the United States to back its tokens with Treasury bills maturing within 93 days. This means every dollar of USD1 in circulation must purchase government debt. Brookings projects that stablecoin holdings of Treasury bills could reach $2.3 trillion by 2030.

On August 14, the OCC, run by Trump appointee Jonathan Gould, granted World Liberty Financial a conditional federal bank charter. The President’s family crypto company can now issue USD1 directly, with federal authority.

Now let’s follow the money through the loop.

The President banned the government from building the competition, then the Trump family built the product. His appointee gave them a bank charter.

Congress passed a law requiring it to buy government debt. His Treasury Secretary is weakening the real dollar to drive adoption of the digital one, and his Treasury Secretary is now cutting countries off from the dollar system, pushing them toward the private replacement his family owns.

Trump’s 2025 financial disclosure reported $1.4 billion in crypto income. That is more than he made from real estate. $550 million came from World Liberty Financial token sales. $600 million came from meme coins. His family has taken at least $1.2 billion in cash from WLF in sixteen months.

Former White House ethics lawyer Richard Painter reviewed the disclosures and said this level of conflict “would be a violation” for every other executive branch employee.

But there is no enforcement mechanism for a sitting president.

The Epstein Connection

There is one more thread, and it is the one that explains why the financial transparency infrastructure had to be destroyed.

In August 2024, a hacker group called Handala breached the personal email archive of Ehud Barak, the former Prime Minister of Israel.

Barak was one of Jeffrey Epstein’s closest associates. He visited Epstein’s Manhattan townhouse dozens of times, invested in companies alongside Epstein, and has never denied the relationship.

The emails were published by Distributed Denial of Secrets, a legitimate transparency organization. Journalists Jack Poulson and Harrison Berger spent months going through them and published their findings in September 2025.

What they found was a direct, documented financial relationship between Ehud Barak and Scott Bessent.

The emails show Barak communicating with senior Soros Fund executives about Bessent’s currency trades. They used code names.

Bessent was referred to as “Sterling.” A major yen trade was called “Ichiban,” the Japanese word for number one. There are emails from August 2013, December 2013, May 2014, February 2015, and May 2015 documenting meetings, fund seeding discussions involving $100 million to $450 million, and ongoing financial coordination between Barak and Bessent.

Barak’s corporate structure was designed by Darren Indyke, Epstein’s personal lawyer. Epstein’s Southern Trust Company invested 50% into the entity. The same entity that took consulting payments from Bessent’s fund is the same entity that controlled where Epstein’s money went.

Bessent is also blocking the release of $1.5 billion worth of Epstein’s Suspicious Activity Reports: 4,725 flagged wire transfers from JPMorgan and $378 million from BNY Mellon. Senator Ron Wyden introduced the PETRA bill to force their release. A Republican senator blocked it.

Wyden called Bessent “a willing participant in a cover-up.”

And he is.

On August 11, Bessent killed the Corporate Transparency Act and deleted the FinCEN database. Three days later, the bank charter was approved.

The man with documented financial ties to Epstein’s business partner is not just running the Treasury, he is dismantling the infrastructure that would allow anyone to trace what is happening now.

Read the Full Article at The Leah Files.

THE CURRENCY KILLER PART II: HOWARD LUTNICK

How Howard Lutnick Built the Infrastructure For America’s Largest Financial Conflict of Interest

by Leah

Excerpts:

THE OTHER HALF OF THE SCHEME

In Part I of “The Currency Killer”, I showed you how Treasury Secretary Scott Bessent is using the same tools he deployed as a hedge fund manager to manipulate the US bond market. He doubled the Treasury buyback program to $4 billion per operation.

He is sitting on a $950 billion war chest.

But a buyback scheme only works if there is demand for the bonds you are buying. Someone has to be on the other side of the trade.

That someone is Howard Lutnick.

Before he became the 41st Secretary of Commerce, Lutnick was the CEO of Cantor Fitzgerald, one of Wall Street’s largest bond dealers. I did a deep dive on Lutnick, so go check it out on my Substack if you haven’t already.

But in summary, he is, in my opinion, one of the worst of the worst of this administration.

Forbes called him the most hated guy on Wall Street. He was confirmed 51-45 on a strict party-line vote. He co-chaired Trump’s transition and was the 31st largest donor in the 2024 cycle, putting nearly $9 million into MAGA, Inc.

His firm has a client that matters more than any other in this Currency Killer series. That client is Tether, the largest stablecoin in the world, with $185 billion in circulation. Cantor Fitzgerald is Tether’s primary custodian, holding $141 billion in US Treasury bills backing Tether’s reserves.

That makes Tether one of the twenty largest holders of US government debt on earth, bigger than Germany.

But Lutnick did not just manage Tether’s money, he vouched for them publicly, and shaped the law that protects them. His family still profits from the relationship. The stablecoin at the center of all of it has documented ties to terrorism financing, nuclear proliferation, and the global fentanyl trade.

Welcome to the most corrupt administration folks. This is the story of the custodian, ie Howard Lutnick.

Read the full article at The Leah Files.

This article was written by Human Superior Intelligence (HSI)

See Also:

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KABBALAH: The Anti-Christ Religion of Satan that Controls the World Today

Exposing the Christian Zionism Cult

The Bewitching of America with the Evil Eye and the Mark of the Beast

Jesus Christ’s Opposition to the Jewish State: Lessons for Today

Identifying the Luciferian Globalists Implementing the New World Order – Who are the “Jews”?

The Brain Myth: Your Intellect and Thoughts Originate in Your Heart, Not Your Brain

What is the Condition of Your Heart? The Superiority of the Human Heart over the Human Brain

The Seal and Mark of God is Far More Important than the “Mark of the Beast” – Are You Prepared for What’s Coming?

The Satanic Roots to Modern Medicine – The Image of the Beast?

Medicine: Idolatry in the Twenty First Century – 10-Year-Old Article More Relevant Today than the Day it was Written

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The post Treasury Secretary Scott Bessent Just Restructured The American Financial System to Destroy the U.S. Dollar first appeared on Health Impact News.

🔴Putin e Xi riscrivono le regole | TG 01.09.26

1 September 2026 at 19:00

– Vladivostok apre e promette il corridoio di Jeff Hoffman
– SCO: l’occidente non detta più le regole di Jeff Hoffman
– Il G20 riapre a Mosca, chiude a Pechino di Jeff Hoffman
– Hormuz, due petroliere e l’abbraccio di Mosca di Jeff Hoffman
– Falkland, Washington ricatta Londra di Jeff Hoffman
– Kabul apre le miniere, la base resta chiusa di Jeff Hoffman
– Atene si consegna a Tel Aviv di Jeff Hoffman
– Pechino tra sicurezza e autosufficienza di Jeff Hoffman
– Caccia cinesi per l’Uzbekistan di Gionata Chatillard
– Apple costruisce un’intelligenza su misura per Pechino di Margherita Furlan
– Buon giro intorno al Sole

A cura di Margherita Furlan Con la collaborazione di Gionata Chatillard e Jeff Hoffman Editing di Mario Ferdinandi e Simone Orletti

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Hundreds of Kids Under 12 Forced Into Marriage In UK as Authorities Turn Blind Eye to Avoid Offending Minorities

1 September 2026 at 18:50

More than 100 children aged 12 and under—including 27 aged five or younger—were referred to the Forced Marriage Unit between 2021 and 2025, Home Office figures reveal. The official government data, obtained via Freedom of [...]

The post Hundreds of Kids Under 12 Forced Into Marriage In UK as Authorities Turn Blind Eye to Avoid Offending Minorities appeared first on The People's Voice.

Germany: Syrian clan boss with 32 children earns €100,000 from taxpayers every year

1 September 2026 at 14:15

A Syrian refugee residing in the German city of Leipzig has drawn widespread public attention following revelations regarding the extensive state financial support directed to his massive household, alongside an established pattern of criminal behavior among several of his adult sons, including offenses that resulted in the deaths of multiple victims.

The case highlights the enormous costs of mass immigration in Germany and how many migrants have found creative ways to game the welfare system for their benefit.

According to data cited from Saxony’s Ministry of the Interior, the Syrian patriarch maintains a clan consisting of three wives married under Islamic custom, 32 children, and 25 grandchildren. State child support payments generated by the family structure have approached roughly €100,000 each year. Even with five offspring having reached adulthood, annual disbursements for the remaining 27 minor children still total approximately €84,000, according to Hungarian outlet Mandiner.

Family is closely tied to organized crime

Beyond the financial aspect, state law enforcement authorities have closely observed the family clan network, noting that approximately two-thirds of its members have prior criminal records. While the identity of the family’s head remains undisclosed under privacy regulations, judicial records outline a history of serious offenses involving his adult sons.

The most prominent case involves 21-year-old Bilal A., who drove a high-performance Mercedes without a driver’s license in March 2023. He struck a group of people near Eilenburg, killing four individuals before fleeing the scene unharmed. Although a juvenile court handed down a three-and-a-half-year prison sentence, he remained free pending an appeal, during which time authorities arrested him for driving illegally a second time.

Jan Siebenhüner, a lawyer representing victims’ families, stated that the convict “never showed remorse.” The elder brothers, Mohamed and Rami, are also well known to police for their criminal history. Mohamed received a four-and-a-half-year prison term for participating in an assault on a streetcar passenger and arranging a deal involving nearly five kilograms of methamphetamine in 2022. Rami faces charges spanning violent crime, narcotics distribution, and fraudulent welfare claims linked to employment at the family-operated “Golden Lion” establishment, which authorities later shut down after a drug raid.

The family uses the German legal system to avoid deportation

Addressing the legal barriers preventing the deportation of convicted family members, attorney Siebenhüner pointed out that clan members systematically insulate themselves through naturalization and family expansion.

“Article six of the Family Protection Act is a very effective weapon,” the lawyer noted, explaining that if a family already has children, it cannot be separated and minors cannot be expelled under any circumstances.

Bilal A. entered Germany as an unaccompanied minor in 2015 to join his father. Despite his convictions, his official refugee protection remains active throughout the ongoing judicial appeal, as confirmed by provincial immigration office spokesperson Mandy Peschang. Additionally, multiple court proceedings against members of the family were ultimately dismissed after key witnesses failed to appear during trials.

Remix News has reported on such cases extensively in the past, involving large criminal clan networks and the costs they impose on German society, both financially and in terms of security, including in other cities like Stuttgart.

Other cases highlight how some migrants use fake paternity claims to obtain huge amounts of public money while sometimes claiming paternity of two dozen or more children. This practice is particularly common from sub-Saharan African men.

The post Germany: Syrian clan boss with 32 children earns €100,000 from taxpayers every year appeared first on Remix News.

Spain: Judge frees Moroccan illegal migrant who police officers caught raping a young woman on Valencia beach

1 September 2026 at 12:16

A 27-year-old Moroccan construction worker in an irregular immigration situation in Spain was released from custody on Monday after being caught in the act of raping a 22-year-old woman on Valencia’s Malvarrosa beach. The duty judge cited the victim’s failure to appear in court to formalize a complaint as the reason for granting him provisional liberty — a Spanish procedural requirement that is relatively unusual compared with many other Western countries.

The incident took place around 6:45 a.m. on Sunday, Aug. 30, near the Akuarela night club. According to Spanish media reports drawing on police sources, the young woman had been in the sea and was lying on the sand when the man approached her. He initially made complimentary remarks before suddenly lunging at her, violently tearing off her dress and forcing penetrative sex while covering her mouth with his hand to stifle her screams. She resisted and cried for help.

A passerby walking along the shoreline spotted the assault from a distance and alerted authorities. Four officers from the Valencia Local Police’s Security, Support and Prevention Unit (USAP), two of them in plain clothes, were already patrolling nearby, according to Spanish news outlet OKDiaro.

They heard the screams and arrived quickly. The suspect tried to flee across the sand. Officers caught him after a short chase. He resisted arrest and punched one officer several times in the face, causing injuries that required medical attention. The officers handcuffed him and handed him over to the National Police. The victim’s mobile phone, found nearby, was also recovered.

Several reports noted the victim was in a state of intoxication, with one account describing her as having left a nearby nightclub for fresh air. Police later found her showing clear signs of alcohol consumption. She was taken to Hospital La Fe, where she received gynecological care and gave an initial statement to officers from the gender-violence victim assistance unit.

The man, identified as a 27-year-old Moroccan construction worker living in Spain without legal papers, was charged with sexual assault involving penetration and assault on an agent of authority. Authorities have confirmed his irregular status.

On Monday, the duty magistrate of the Violence Against Women section of Valencia’s Court of First Instance ordered his provisional release. The decision, taken in agreement with the public prosecutor, followed the police’s inability to locate the victim so she could appear and ratify a formal complaint.

Spain has some rather unusual rules in regards to this criminal charge. Under Article 191 of the Spanish Penal Code, a complaint from an adult victim is required to pursue sexual offense of this type. Other European nations, like France and Germany, do not require a victim to file a criminal complaint to move forward with criminal proceedings.

Remarkably, even in a case where the woman gave a police statement about the rape and the fact that officers caught the man in the middle of penetrative rape, authorities still released the suspect.

The court opened preliminary proceedings and instructed police to continue searching for the woman. Officials said her situation could change immediately if she is found and decides to proceed. The assault on the police officer is being handled separately and can still be pursued criminally.

Meanwhile, the case has drawn attention on social media due to the man being released within hours and the unique procedural requirements involved in the case.

The post Spain: Judge frees Moroccan illegal migrant who police officers caught raping a young woman on Valencia beach appeared first on Remix News.

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