Republican (fascist/socialist) President Eisenhower signs the Bank Holding Company Act of 1956, making it illegal to establish a commercial bank without the prior consent of the Board of Governors of the privately-owned Federal Reserve System of (central) Banks.

       NOTE: This is the further realization of plank number five of the “Communist Manifesto” by Karl Marx.

       [restored 9/19/2022]

Subsequent Events:

6/29/1956                   11/16/1977

Authority:

“Law of the Jungle”
ccc-2point0.com/preface

References:

Dwight D. Eisenhower – Statement by the President Upon Signing the Bank Holding Company Act of 1956.
www.presidency.ucsb.edu/ws/index.php?pid=10799&st=Bank&st1=Holding

Bank Holding Company Act of 1956 – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Bank_Holding Company_Act_of_1956

U.S. Banking Timeline
www.libertyforlife.com/banking/currency-us-timeline.html

Communist Manifesto 10 Planks
www.libertyzone.com/Communist-Manifesto-Planks.html

Current U.s. National Debt:

$36,167,124,467,492

Source