Left image source of Trump Tower. Right image source.

by Brian Shilhavy
Editor, Health Impact News

As we end the first quarter of 2025, we are now getting a glimpse of President Donald Trump’s plan for his New World Order beast financial system, which will be based on fully traceable cryptocurrencies.

While the media has been largely detracted by Musk and his DOGE activities that are allegedly saving the U.S. $billions of dollars by cutting government jobs and agencies, it has now been revealed that the Trump administration has actually spent MORE money out of the U.S. Treasury than the Biden administration did last year during the same time frame.

This gives further credence to what Catherine Austin Fitts said a couple of weeks ago, that the Trump administration was NOT reducing spending at all, but just taking that spending out of the Civil Service sector, and transferring those jobs to the private sector instead.

Listen to this 7-minute section from the longer interview you can find here.

Musk claims otherwise, but the Trump administration’s spending is on track to surpass Biden’s

U.S. Treasury is on pace to spend 7.4% more in 2025 than last year

Elon Musk doubled down on his pledge to cut government spending by $1 trillion — an amount that would slash the federal budget deficit in half and, if implemented, put the U.S. much closer to stabilizing the growth of its debt burden relative to the size of the economy.

“Our goal is to reduce the deficit by a trillion dollars,” Musk told Fox News during Thursday evening’s made-for-TV event — adding that he hoped to reduce overall federal spending by 15% solely through “eliminating waste and fraud,” a goal he said “seems really quite achievable.”

He pointed to a number of examples of wasteful spending, including a survey that Musk claimed was done for the Interior Department at a cost of $830 million to collect Americans’ opinions of national parks.

Musk said that the same survey could have been done by another vendor for just $10,000.

DOGE made it particularly challenging to fact check its assertions when it removed federal identification numbers in its website’s source code that could help outsiders identify specifically what grants and contracts the agency is referring to.

That makes it difficult if not impossible to know the vendors the government has contracted with and whether the government is actually saving the amount of money DOGE is asserting that it has.

And there remain claims on the so-called department’s website that are incorrect. The largest savings asserted by DOGE is a canceled $1.9 trillion contract for IT modernization. But the contractor awarded the money told the New York Times last month that the award was actually canceled in November, under President Joe Biden.

The Federal Procurement Data System, a database of federal procurement projects, indicates that no money was ever spent on this grant, despite its authorization of the IRS to spend $1.9 billion over 7 years.

The Trump White House didn’t respond to a request for comment.

A broader look at federal spending data also appears to counter claims that DOGE’s efforts are saving money for American taxpayers.

The Hamilton Project, an economic-policy think tank, tracks federal spending using daily Treasury statements published by the government.

These data show that the federal government had spent $1.893 trillion in 2025 as of March 26, compared with $1.763 trillion as of the same date last year.

In other words, federal spending is on pace to come in 7.4% higher this year than last. (Source.)

Wow, who would have thought that Musk would go on national TV and lie to the American people? Well, I guess he has had lots of practice, because he has been lying to Tesla shareholders for over a decade now about the capabilities of his Tesla cars.

Where is all of that money from the U.S. Treasury going then, after all of these massive “cuts” in government spending under Musk?

Undoubtedly much of that has gone directly to Israel in the form of bombs and other military equipment, as well as in supplying the massive U.S. Navy build-up in the Red Sea to bomb women and children in Yemen.

Trump Starts New War in Middle East by Bombing Yemen Women and Children

From second left: co-founders of World Liberty Financial Chase Herro, Zach Witkoff, Zach Folkman and Donald Trump Jr. (on screen). Source.

The news that shook the banking industry last week, however, was the announcement that President Trump and the Trump family were starting their new financial network with their own new cryptocurrency, to compete with traditional banks.

Of course this is all happening at the same time that Trump and DOGE are attempting to eliminate the very agencies and regulatory groups that oversee banks and are supposed to protect consumers from greedy billionaires in the first place. They are also trying to rush new crypto-friendly laws through Congress.

Trump’s Stablecoin Push Set to Collide With Banks

Crypto regulations moving through Congress caught banks by surprise—then Trump said he would start his own stablecoin, scrambling the talks.

New crypto legislation that could make stablecoins a far bigger part of the financial system is moving rapidly through Congress, putting banks on the defensive even before President Donald Trump jumped into the fray.

Trump said he wanted stablecoin rules to be the first crypto legislation of his administration. The banks, caught off guard, intensified lobbying for sweeping changes – from who gets to issue stablecoins to how they are designed – to protect their roles in the financial system.

With banks and crypto companies fighting to influence the rules, the president launched his own stablecoin, effectively threatening to take business away from both industries.

Unlike better-known crypto assets like bitcoin, stablecoins don’t fluctuate in price, they are typically pegged to the dollar.

They are used to store cash, much like a money market fund, and to easily move money across borders. The stablecoin market has soared to $230 billion and is dominated by Tether and Circle, which are worth $145 billion and $60 billion, respectively.

The latest entrant is the Trump family itself: World Liberty Financial, a crypto project started by Trump and his sons, announced last week it is also launching a stablecoin called USD1. That raises the prospect that Trump could pass legislation that would benefit his own venture.

Congress is moving swiftly to advance stablecoin bills. On Wednesday, the House Financial Services Committee is scheduled to vote on whether to move a stablecoin bill to the overall House floor. A similar bill already passed the Senate Banking Committee earlier this month. Trump wants the legislation, which has the support of some Democrats, passed by August.

Legislation on stablecoins could threaten banks’ role in the financial system. Customers could potentially stash their cash in stablecoins rather than bank deposits and move money without going through banks.

Stablecoins are highly connected to the financial system because they are backed by cash and treasuries.

Stablecoin issuers rely heavily on traditional banks behind the scenes, both to store the cash and government debt, and to handle customer funds for buying or selling stablecoins.

Regulators are watching because problems with stablecoins could spill into the banking system and the economy. (Source – behind paywall.)

Notice the part I bolded above: “Stablecoins are highly connected to the financial system because they are backed by cash and treasuries.”

In other words, they want to buy the U.S. Government debt, and then sell it to YOU, the American public, through their stablecoins.

And what are they going to do with the money you give to them, whether willingly or unwillingly, such as through your 401K and retirement funds, including Social Security?

They are planning on purchasing Greenland, Canada, Gaza as well as 50% of Ukraine (although I don’t think that plan is going to work since neither Zelensky nor Putin wants to play ball), which are REAL assets that cannot vanish into thin air, as cryptocurrencies can.

This is exactly what Catherine Austin Fitts has been warning about (see video above). Fitts served in government under the Bush Administration and was the Assistant Secretary of Housing and Urban Development under Jack Kemp, who was embroiled in the Franklin cover-up and child sex abuse scandal. See:

Catherine Austin Fitts: “How Many People in this Administration have Major Files in the Epstein Operation”?

As was mentioned in the article from The Information that I quoted above, Tether is currently the largest stablecoin in the cryptocurrency market, with a value $145 billion out of the $230 billion stablecoin market.

Tether is owned by Cantor Fitzgerald, which is Howard Lutnick’s firm. Lutnick is now Trump’s Secretary of Commerce.

Banks also want to ban the use of stablecoins like tether by U.S. residents if offshore issuers don’t register in the U.S. Tether, because it is based overseas, is not subject to U.S. regulations. That creates another conflict, because Commerce Secretary Howard Lutnick’s old firm, Cantor Fitzgerald, manages Tether’s assets. (Source.)

Reuter’s published a deep dive into the Trump family’s take over of World Liberty Financial today, and the introduction of their new stablecoin, USD1.

Here are some excerpts from the Reuter’s article (emphasis mine):

Insight: How the Trump family took over a crypto firm as it raised hundreds of millions

As World Liberty Financial raised more than half a billion dollars, President Donald Trump’s family took control of the crypto venture and grabbed the lion’s share of those funds, aided by governance terms that industry experts say favor insiders.

Launched last fall, World Liberty’s goal is to allow people to access financial services using cryptocurrencies and without intermediaries like banks in what is called decentralized finance, or DeFi. But it has yet to launch a public platform and has reported only a small staff, a review of the project shows.

Even so, World Liberty said in mid-March it had raised $550 million selling so-called governance tokens. Most of those sales took place after Trump’s election win in November, Reuters calculations show.

World Liberty disclosed in January that the Trump family had taken control of the business, a review of changes in the fine print on World Liberty’s website shows. Two of its co-founders, crypto entrepreneurs Zak Folkman and Chase Herro, were replaced as the controlling parties of World Liberty by an entity in which the Trump family holds a 60% stake.

Overall, the Trump family now has a claim on 75% of net revenues from token sales and 60% from World Liberty operations once the core business gets going. The arrangement means the Trump family is currently entitled to about $400 million in fees.

The arrangements, including the Trump family’s large share of the project’s revenues and the non-tradeable nature of the governance tokens, make World Liberty unusually centralized for the industry, according to a survey of the practices of the five largest DeFi lending platforms and interviews with four U.S. academics who study the crypto industry.

David Krause, a longtime finance professor at Marquette University in Milwaukee who recently published a study of World Liberty, said that the structure of the project:

“pretty much excludes public investors or token holders from any meaningful financial participation.”

A White House spokesperson referred questions about World Liberty to the Trump Organization.

The Trump Organization’s chief legal officer and the president’s two older sons, who are executives at the company, did not respond to requests for comment.

The Trump Organization announced in January that the president’s investments, assets and business interests would be held in a trust managed by his children and he would play no role in day-to-day operations or decision-making.

Folkman and Herro did not reply to Reuters questions in person and in writing. In a post on social media platform X on March 14, World Liberty said it:

“is a DeFi project with a tremendous mission to build and democratize a new financial system for the benefit of millions.”

At a conference in February, Herro said the plan was to open crypto investing to everyday Americans such as teachers, dentists and firemen.

The Trump family’s investment in World Liberty ties the personal fortunes of a sitting U.S. president to an asset class that sits at the outer edges of both risk and regulation.

Trump has promised to be the “crypto president,” who will popularize its mainstream use in America.

The Trump family, long rooted in skyscrapers and country clubs, has opened beachheads in crypto, quickly gaining hundreds of millions of dollars.

On Monday, the Trump family deepened its crypto interests, as a company formed with the president’s elder sons, Eric and Donald Trump Jr., took a minority stake in a newly-formed bitcoin producer called American Bitcoin.

Eric Trump will become the chief strategy officer of the new firm, which will focus on mining bitcoin and aims to become publicly listed, the statement said.

The prospect of Trump and his family benefiting from deregulation has drawn criticism from his political opponents and some government ethics experts who say it creates the potential for conflicts of interest and influence peddling.

“You’ve got the guy in charge who is responsible for his own regulation,”

said Ross Delston, a former U.S. banking regulator who has acted as an expert witness on anti-money laundering issues for the government.

Delston also pointed to the potential for people buying $WLFI tokens to earn political favor. It would be “the perfect vehicle,” he said, for governments or oligarchs overseas “to funnel money to the president.”

World Liberty has attracted well-heeled buyers: Almost 70% of the money raised came from wallets that spent at least $100,000, and more than 50% was buys of $1 million or more, according to a Reuters analysis of publicly available information on transactions.

While buyers of $WLFI gave their names to the venture, the identity of nearly all of those big spenders is hidden from public view by anonymous crypto wallets.

World Liberty’s beginnings lie in the convergence of two obscure figures on the crypto scene and some of the most powerful people in American politics.

Folkman and Herro entered Trump circles via the family of New York real estate mogul Steve Witkoff, a longtime Trump friend who is now also his envoy to the Mideast.

The two crypto entrepreneurs had already collaborated on several companies together focused on making money from online ventures.

Their business background includes past instances of dissolution, litigation and unpaid debts, according to corporate records, state filings and U.S. court documents. Early in his career, Folkman offered seminars on how to “date hotter girls.”

Steve Witkoff said he was introduced to the pair by one of his sons, when speaking about how the deal came together on a crypto podcast hosted in September by the Trump family. (Source.)

Steve Witkoff, of course, has been in the news a lot lately, as he is Trump’s envoy to the Middle East and is allegedly trying to broker a ceasefire deal between Hamas and Netanyahu, although Netanyahu is currently facing criminal charges over “qatargate”, which revealed that Netanyahu had been funding Hamas before the October 7, 2023 terrorist attack.

Witkoff is a Zionist, as is Howard Lutnik, the owner of the Tether stablecoin and current Commerce Secretary. It was reported that Lutnik was regularly meeting with Trump’s Jewish son-in-law, Jared Kushner, just after the elections to ensure that Trump chose Zionists to be in his cabinet.

Israel is obviously key to all of their plans.

I have seen many people in the Alternative media falsely claim that the U.S. is controlled by Israel. Nothing could be further from the truth.

Israel is just a tiny strip of land in the Middle East, and cannot compare to the vast resources that the United States has, and that Trump wants to expand to include Greenland and Canada.

Israel’s value is its location, right in the middle of the world’s largest oil fields.

Why do you think that almost all of the Trump administrations’ meetings and negotiations, including about Ukraine, have been happening in Saudi Arabia? Why do you think that Saudi Arabia is participating with the U.S. and bombing their Arab neighbors to the south, Yemen?

Trump’s goal in the Middle East is to complete the Abraham Accords, so that Israel can work together with the rich Arab Gulf states, and expand their territory to obtain more oil.

The United States currently produces about 12 million barrels of oil a day, but consumes almost 20 million a day, and therefore still has to import about 8 million barrels a day.

Trump wants to control the world’s oil, as has been the goal of the Rockefeller family for many decades now.

But Iran, who is aligned with Russia and China, stands in his way.

Trump and the people who control him know full well that the U.S. cannot overcome their insurmountable debt. So the plan is to start World War III, burn down the financial system, and rebuild it on cryptocurrencies that will replace traditional banks, and give them more control over the population who will be enslaved to this new beast financial system.

And unless things dramatically change, and soon, half the country who are under the Satanic MAGA spell will cheer him on every step of the way, until it’s too late.

After this I saw another angel coming down from heaven. He had great authority, and the earth was illuminated by his splendor.

With a mighty voice he shouted:

“Fallen! Fallen is Babylon the Great! She has become a home for demons and a haunt for every evil spirit, a haunt for every unclean and detestable bird.

For all the nations have drunk the maddening wine of her adulteries. The kings of the earth committed adultery with her, and the merchants of the earth grew rich from her excessive luxuries.” (Revelation 18:1-3)

Related:

Is Donald Trump a Freemason? Is Trump Tower in New York a Satanic Temple?

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Comment on this article at HealthImpactNews.com.

This article was written by Human Superior Intelligence (HSI)

See Also:

Understand the Times We are Currently Living Through

Where is Your Citizenship Registered?

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

Distinguishing True Prophets from False Prophets in These Evil Modern Times

Who Controls the World? by Dr. A. True Ott

Exposing the Christian Zionism Cult

Insider Exposes Freemasonry as the World’s Oldest Secret Religion and the Luciferian Plans for The New World Order

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

Fact Check: “Christianity” and the Christian Religion is NOT Found in the Bible – The Person Jesus Christ Is