Three days ago, the Financial Times wrote an article framed around the central thesis of the LaRouche PAC, now branded as Promethean Action PAC. The FT article accused Treasury Secretary Bessent of structuring a U.S. Federal Reserve policy disconnected from the framework of the U.K banking and finance model; essentially the article said what Promethean has been claiming about the British banking system and President Trump’s intent.
Treasury Secretary Bessent immediately responded saying the article and its claims were false, “There is much to be said about the storied Bank of England, but any recreation of its operating framework on this side of the Atlantic has never been contemplated.” CTH was waiting to see how the Lyndon LaRouche PAC would react to the Trump administration denial of their central thesis. As expected, the LaRouche group ignored it.
