He did not merge the Fed with the Treasury. That is impossible without declaring war on the Sovereign Entity that is The Fed. The ONLY action that the U.S. can do legally (other than declare war) is to divorce the Fed from the U.S. government money supply (and print their own currency). That would take an act of Congress, and can't be done by fiat. The U.S. Congress can cancel their contract so to speak.
The Fed itself is incorporated in New York (and various other states, but only NY matters) and is, by treaty, subject only to the Bank of International Settlements, which is itself, by treaty, the Ruler of the World. NY State may be able to destroy the Fed, but the U.S. government has no path to do so.
The only thing they could maybe do (and I'd have to dig into the laws) is control the Federal Reserve Board. But the FRB is advisory only. It has no legal path to control the NY Fed.
He did not merge the Fed with the Treasury. That is impossible without declaring war on the Sovereign Entity that is The Fed. The ONLY action that the U.S. can do legally (other than declare war) is to divorce the Fed from the U.S. government money supply (and print their own currency). That would take an act of Congress, and can't be done by fiat. The U.S. Congress can cancel their contract so to speak.
The Fed itself is incorporated in New York (and various other states, but only NY matters) and is, by treaty, subject only to the Bank of International Settlements, which is itself, by treaty, the Ruler of the World. NY State may be able to destroy the Fed, but the U.S. government has no path to do so.
The only thing they could maybe do (and I'd have to dig into the laws) is control the Federal Reserve Board. But the FRB is advisory only. It has no legal path to control the NY Fed.
He did not merge the Fed with the Treasury. That is impossible without declaring war on the Sovereign Entity that is The Fed. The ONLY action that the U.S. can do legally (other than declare war) is to divorce the Fed from the U.S. government money supply. That would take an act of Congress, and can't be done by fiat. The U.S. Congress can cancel their contract so to speak.
The Fed itself is incorporated in New York (and various other states, but only NY matters) and is, by treaty, subject only to the Bank of International Settlements, which is itself, by treaty, the Ruler of the World. NY State may be able to destroy the Fed, but the U.S. government has no path to do so.
The only thing they could maybe do (and I'd have to dig into the laws) is control the Federal Reserve Board. But the FRB is advisory only. It has no legal path to control the NY Fed.