No peace without steel: Why our factories must roar again



Our country is standing at a crossroads. Neither the world nor America’s place in it is what it was a generation ago. The unipolar moment is over. And yet, many in the Republican Party seek to claim the mantle of America First while continuing the same failed adventurism of the past.

National conservatism as a movement agrees that these people and ideas must be stopped. But we have failed to check their influence in the party largely because we have not offered an alternative that both meets the real threats to American security and balances national interest, the deterrent effect, industrial capability, and political will.

We cannot deter our adversaries if we cannot outbuild them.

I outlined a framework for what a genuine America First foreign policy would entail in an essay for the National Interest. I called for developing a doctrine that I dubbed “prioritized deterrence.” That essay was the first step toward forging a set of foreign policy principles that can unite national conservatives and set the agenda for the Republican Party for the next generation.

A key component of prioritized deterrence is industrial capacity. Deterrence depends not only on our military’s technical capability, but also on our industrial capacity — certainly in defense, but particularly in non-defense. Without factories humming, shipyards bustling, and energy production roaring, our ability to deter wanes. We cannot project strength abroad if we cannot produce strength at home.

Prioritized deterrence is not retreat. It is a recalibration. It rejects the fantasy that America can — or should — police every corner of the globe. Instead, it demands that we concretely identify our vital national interests. No more vague talk of values or entering endless nation-building campaigns. This will require open and honest debate.

The days of tarring dissenting voices as unpatriotic should be left in the rearview mirror. In fact, I recently sent a letter to President Donald Trump urging him to award Pat Buchanan the Presidential Medal of Freedom. Buchanan was right about nearly everything 20 years before anyone else realized it, including his recognition that Iraq was not aligned with our strategic national interests. We need serious voices like his in the conversation during these all-important debates.

Prioritized deterrence belongs firmly within the realist school of thought. It rests on restraint and on the quantifiable limits of a nation’s resources and people. Those limits force policymakers to rank threats to the American way of life by urgency and severity.

Deterrence depends on credibility: An aggressor must believe it will pay an unacceptable price for attacking the United States. But not every hostile nation deserves brinkmanship. National constraints and the risk of escalation demand that we focus only on the gravest threats.

Kinetic action must remain credible but reserved as a last resort. The U.S. military exists not only to fight and win wars but, more importantly, to deter them before they begin and ensure American security.

Prioritized deterrence in practice

What does a strategy that contends with these essential questions look like in practice?

Consider the 2020 strike on Qassem Soleimani. A single, precise action eliminated a key architect of Iran’s malign influence, sending a message to Tehran: Kill Americans, and you will pay. No endless wars, no nation-building, just a clear signal backed by lethal force.

Now consider Operation Midnight Hammer. President Trump authorized a precision strike that was executed flawlessly. He rejected calls to further escalate into regime change. As a result, we eliminated a key threat while managing the retaliation from Iran and successfully stepped off the escalation ladder before the region became destabilized. That’s prioritized deterrence in action.

What do these strikes have in common, other than the antagonist? In both cases, the president laid out clear, precise explanations of America’s vital national interest. He aligned the use of force with American goals, and he did so precisely with explicit acknowledgment of our constraints and limitations.

Additionally, both strikes relied on American technological supremacy: drones, stealth bombers, precision munitions, and intelligence — all products of a sophisticated industrial base. However, we cannot just rely on our qualitative military advantage as a silver bullet for deterrence. At a certain point, quantitative advantages become qualitative, which is one of the reasons China’s industrial might has made it so formidable on the world stage.

What is making us less formidable on the world stage is Ukraine. We should not be funding the war in Ukraine, and we should never have been involved in that conflict from the beginning. The proponents of prolonging this conflict seem unable or unwilling to grasp the reality that we do not have the industrial capacity to provide Ukraine with what they need — to say nothing of providing for our own needs here at home.

RELATED: Why won’t American companies build new factories here?

Photo by Kirk Wester via Getty Images

In fact, Ukraine’s defense minister has said his country needs 4 million 155-millimeter artillery shells per year and would use as many as 7 million per year if they were available.

In 2024, then-Senator JD Vance correctly noted that even after drastically ramping up production, the U.S. could still only produce 360,000 shells per year — less than one-tenth of what Ukraine supposedly needs. Vance was also doubtful of expert claims that we could produce 1.2 million rounds per year by the end of 2025. In the end, he was right, and the experts were wrong.

The Army now confirms that the U.S. is only on pace to produce 480,000 artillery shells per year. These aren’t highly sophisticated guided missiles either. Quantity, not quality, ended up winning the day.

Very simply, we must choose to put America first, as we do not currently have the capacity to both arm Ukraine and defend ourselves should the need arise.

Lagging behind

A candid assessment of our industrial capacity is that it’s lagging. The same voices that called for foreign adventurism also hollowed out our heartland and sent our manufacturing jobs overseas. We now face a new choice: Rebuild or be left to the ashes of history.

We cannot deter our adversaries if we cannot outbuild them. Our defense industrial base — shipyards, munitions factories, aerospace plants — lag significantly behind our peers, especially China. This is a far cry from the industrial base that won World War II.

The Virginia-class submarine program, for example, is crucial in countering China. Yet limited shipyard capacity, supply chain bottlenecks, and a shortage of skilled workers have created years-long delays. Chinese shipyards account for more than 50% of global commercial shipbuilding, while the U.S. makes up just 0.1%.

In 2024, a single Chinese shipbuilder constructed more commercial vessels by tonnage than the entire U.S. shipbuilding industry has since World War II. We cannot deter China in this state of industrial atrophy.

Reviving the entire industrial base

Just as critical — perhaps even more so — is the need to rebuild the U.S. industrial base as a whole, not just the defense sector. “If you want peace, prepare for war” means more than building ships. It means strengthening industry, shoring up families, and restoring the backbone of society. That creates jobs, secures supply chains, and projects strength without overextending our forces or wasting resources.

During World War II, the United States retooled civilian manufacturing almost overnight. Ford and General Motors turned out aircraft. Singer Sewing Machine Company built precision cockpit instruments. IBM produced fire-control systems for bombers. Civilian industry became the arsenal of democracy.

That capacity has withered. The COVID-19 pandemic revealed just how hollowed out our domestic base has become. America now relies on China for more than 80% of the active ingredients in pharmaceuticals. That dependence gives Beijing leverage.

Our weakness feeds China’s confidence. If defending Taiwan means empty pharmacy shelves across America, would Washington still respond? Beijing is counting on the answer. That calculation could determine whether China invades.

We need a manufacturing renaissance — steel mills, factories, foundries — because a nation that outsources its industry outsources its power.

Taiwan is indicative of another vital manufacturing sector where our capacity is lagging: the semiconductor industry. These chips power everything from smartphones to missile systems, yet the U.S. produces less than 12% of the world’s supply. Meanwhile, Taiwan’s TSMC dominates. If China invades Taiwan, our military and domestic economy will grind to a halt.

This is not theoretical; it’s a ticking time bomb, one that is tied directly to our ability to credibly deter China.

This equation must change. If America produces pharmaceuticals and semiconductors at home, adversaries lose their leverage. Deterrence grows stronger without firing a shot or putting boots on foreign soil.

I think of my home state of West Virginia, where Weirton Steel once stood as one of the largest steel producers in the world. At its peak, it employed 23,000 people.

That steel not only secured American dominance in industry, it sustained families, churches, schools, and communities. A single paycheck could buy a home and support a family. Mothers could raise children and stay active in their schools and churches because one income was enough.

The same bipartisan leaders in Washington who chased short-term gains instead of building a strong industrial base and healthy families signed Weirton Steel’s death warrant. They let China flood the U.S. market with cheap tin plate steel, and Weirton paid the price.

We begged President Joe Biden for tariff relief, but he followed the pattern of his predecessors and did nothing. The result: Weirton’s tin plate mill was idled, thousands of workers lost their jobs, and the community was gutted.

Today, only one blast furnace capable of producing tin plate steel remains in the entire United States. One.

China’s gotten the picture

Economic capacity and industrial output are critical in the defense of the nation and create a better quality of life. A strong manufacturing sector is, in itself, a strong deterrent. China understands this.

Its “Made in China 2025” plan, cited in then-Sen. Marco Rubio’s 2019 address at the National Defense University, declared:

Manufacturing is the main pillar of the national economy, the foundation of the country, the tool of transformation, and the basis of prosperity. Since the beginning of industrial civilization in the middle of the 18th century, it has been proven repeatedly by the rise and fall of world powers that without strong manufacturing, there is no national prosperity.

This is obviously true.

China now produces more than half the world’s steel, powering both its infrastructure and its military. Meanwhile, we’ve allowed our own steel industry to wither, importing from abroad while American mills rust. That failure is not only economic. It’s strategic.

We won World War II in part because we built planes, tanks, and ships faster than the Axis powers could destroy them. A robust industrial base — defense and non-defense — is a deterrent in itself. It signals to adversaries: We can outfight you, outbuild you, and outlast you.

We need a manufacturing renaissance — steel mills, factories, foundries — because a nation that outsources its industry outsources its power. Deindustrialization was a choice, a choice with disastrous consequences. We must now make the choice to rebuild and reindustrialize.

RELATED: Read it and weep: Tariffs work, and the numbers prove it

Photo by IURII KRASILNIKOV via Getty Images

Unleashing American energy

To have manufacturing dominance, we must unleash energy dominance. Factories don’t run on hope; they run on power — reliable, affordable, and abundant power. Wind and solar power are obviously not able to power anything. Thankfully, America’s superpower is the massive quantities of natural resources we have at our fingertips.

We have some of the largest proven reserves of both oil and natural gas of any nation in the world. This is a textbook example of our quantitative advantage becoming a qualitative advantage.

We have the largest proven reserve of coal in the world, nearly double the supply of the next closest country. Our energy potential is unlimited, and we must drastically ramp up our output if we want to meet the energy demands of the future economy.

Fossil fuels have long been the backbone of industrial power, and West Virginia’s coal and natural gas is its beating heart. Yet coal in particular has been under siege, not just from regulations but from corporate environmental, social, and governance policies pushed by firms like BlackRock that waged war on fossil fuels.

As state treasurer of West Virginia, I took a stand. I made West Virginia the first state in the nation to divest our tax dollars from BlackRock. I refused to let Wall Street’s agenda use our own state’s money to kill our coal industry. Today, more than a dozen states have followed our lead, rejecting ESG policies that undermine American energy dominance.

China, meanwhile, builds coal plants at a breakneck pace, powering its industrial juggernaut. They use coal to fuel their steel production while we let our own mines and mills idle. We cannot let this continue.

Thanks to President Trump, we’ve begun to change course. For the first time in my lifetime, a president took a stand for coal, signing executive orders promoting domestic coal production. But we need to go further. We must become a global juggernaut with an “all of the below” approach to energy — coal, oil, natural gas, and nuclear must power our path to energy dominance.

Prioritizing America, deterring aggressors

America cannot do everything, everywhere, all at once. We are not a nation of infinite industrial capacity, infinite goods, or infinite will. Scarcity — of materials, of capacity, of resolve — forces us to choose. Prioritized deterrence is a framework for grappling with those choices.

It is a commitment to focusing our energies, rebuilding our industrial might, and unleashing the energy to power a 21st-century industrial base. It’s a rejection of overreach in favor of strength, of focus instead of distraction.

Leaders on both sides of the aisle over the last 40 years squandered the inheritance of peace, security, and industrial might in favor of globalization and foreign adventurism. We cannot afford to continue down that path. Correcting course will require open, honest, and sometimes intense debate.

It will require serious investments from business leaders in American manufacturing and public policies that assist in this reorientation. It demands that we do more to appropriately train and equip a skilled workforce.

But we must start now. America will build again, power again, and deter again. Not everywhere, not always — but where it matters most, with a strength that none can match.

Editor’s note: This article has been adapted from a speech delivered on Tuesday, Sept. 2, to the fifth National Conservatism Conference (NatCon 5) in Washington, D.C.

World Economic Forum anoints BlackRock CEO after investigation into Klaus Schwab goes nowhere



German economist Klaus Schwab founded the World Economic Forum in 1971 with the aim of engaging "the foremost political, business, and other leaders of society to shape global, regional, and industry agenda."

During his tenure, the WEF founder made no secret of his desire to radically reshape the world, pushing for a "Great Reset" of capitalism, pressuring businesses to commit to eliminating carbon emissions, grooming a network of future politicians, and characterizing "misinformation and disinformation" as two of the greatest threats facing humanity.

'You have to force behaviors. At BlackRock we are forcing behaviors.'

Under Schwab's leadership, the WEF also informed the masses in 2018, "You'll own nothing. And you'll be happy."

After five decades in the role, Klaus Schwab announced on April 1 that he was stepping down as chairman.

The WEF originally indicated that Schwab would complete his departure by January 2027; however, he stepped down on April 21 after his organization launched an investigation into allegations that he engaged in financial and ethical misconduct.

The forum announced on Friday that the investigation found "no evidence of material wrongdoing by Klaus Schwab" as well as who would replace him: Larry Fink, CEO of BlackRock, and André Hoffmann, vice chairman of the Swiss drug company Roche. The billionaire duo will serve as co-chairs.

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Brian Kaiser/Bloomberg via Getty Images

"This moment marks a pivotal transition for the World Economic Forum. The board will now focus its attention on institutionalizing the Forum as a resilient International Organization for Public-Private Cooperation," the forum said in a statement. "This next chapter will be guided by the original mission developed by Klaus Schwab: Bringing together government, business, and civil society to improve the state of the world."

Schwab's mission might be easier to accomplish with Fink at the helm, given that he also runs the world's largest asset manager, which reported $11.58 trillion in assets under management in the first quarter of this year and has offices in 30 countries.

Fink, like his predecessor, was an early champion of handcuffing investing to liberal environmental, social, and governance agendas and has evidenced a willingness to socially engineer human behavior.

'What's emerging now is globalization's second draft.'

When discussing the imagined importance of diversity, equity, and inclusion in a 2017 interview, Fink said that "behaviors are going to have to change. This is one thing we’re asking companies. You have to force behaviors. At BlackRock we are forcing behaviors."

Years later, Fink vowed in a letter to shareholders to "embed DEI into everything we do."

While BlackRock dropped its DEI goals earlier this year, citing "significant changes to the U.S. legal and policy environment related to Diversity, Equity, and Inclusion (DEI) that apply to many companies," the WEF could afford Fink another vehicle to push the divisive agenda abroad.

Fink also apparently shares Schwab's globalist outlook.

Fink noted in a recent op-ed in the Financial Times that "globalization is now coming apart," thanks in part to the Trump administration's "backlash to the era of what might be called 'globalism without guardrails.'" The BlackRock CEO, evidently not a fan of nationalism, expressed cautious optimism that "what's emerging now is globalization's second draft."

Fink suggested in a joint statement with Hoffmann that the need for the forum is greater than ever and that it "can serve as a unique catalyst for cooperation, one that fosters trust, identifies shared goals, and turns dialogue into action."

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Trump Must Resist Beijing’s Attempts to Sabotage America’s Panama Deal

The inclusion of a Chinese state-owned shipping company in this port deal would not just alter the agreement's original purpose but also jeopardize America’s control over this vital gateway.

Red states deal huge blow to BlackRock and Vanguard, impose strict rules on investment firms



More than 25 state financial officers have drawn a line in the sand with corporate giants including BlackRock and Fidelity.

The group, made up of mostly treasurers, represents 21 states, 16 of which are governed by Republicans and five by Democrats. Together, they sent a damning letter to BlackRock CEO Larry Fink, along with other major financial firms like JPMorgan Chase and Vanguard, announcing that their states are willing to cut off ties if certain stipulations are not met.

The letter is in reaction to a recent decision by Texan authorities to remove BlackRock from its state blacklist after the investment firm announced it would roll back its climate change initiatives. The other 21 states say, however, that BlackRock and others have not done enough.

'These financial officers are doing the right thing for their states.'

The state reps, all of whom are Republican, said that these companies must return to a "traditional fiduciary duty" in which they focus 100% on financial return, instead of using capital to advance left-wing social and political agendas.

In their letter to Fink, the financial officers said that while some companies have started moving in the right direction by withdrawing from global climate coalitions, there is still more work to be done.

The treasurers outlined five actions the firms must take to demonstrate a "commitment to a fiduciary model grounded in financial integrity, not political advocacy."

RELATED: BlackRock and friends may soon control your digital wallet

US Treasury Secretary Scott Bessent (R) speaks with Larry Fink, chairman and CEO of BlackRock, at Carnegie Mellon University in Pittsburgh, Pennsylvania, on July 15, 2025. Photo by ANDREW CABALLERO-REYNOLDS / AFP

The first term called for the end of "framing deterministic future outcomes as long-term risks to justify immediate ideological interventions through corporate engagement or proxy votes." Climate change initiatives are listed as the most common example of this issue.

Other requirements demanded that companies "abstain from embedding international political agendas" within their company framework, which included "net-zero climate mandates" and the "EU's Corporate Sustainability Reporting Directive (CSRD)."

Additionally, in order to work with these states, firms must also divulge all "affiliations and collaborative initiatives" that could influence investment strategies or priorities.

"Participation in such groups must not compromise a fiduciary's obligation to act solely on behalf of beneficiaries," the state representatives declared.

RELATED: This investor is wiping out white-collar jobs

Photo by Barry Chin/the Boston Globe via Getty Images

"Actions always speak louder than words. Requiring America's financial giants to prove their independence from woke ideology with concrete steps before doing business with a state's dollars is fully necessary and just makes sense," OJ Oleka, CEO of State Financial Officers Foundation, said in a statement provided to Blaze News.

Oleka added, "These financial officers are doing the right thing for their states and the taxpayers whose financial security they've been entrusted to protect."

In total, 18 companies received a letter from the state financial officers: Amundi, BlackRock Inc., BNY Mellon, Capital Group, Fidelity Investments, Franklin Templeton Investments, Geode Capital Management, Goldman Sachs, Invesco, JPMorgan Chase, Legal & General, Morgan Stanley, Northern Trust, Nuveen, State Street Corporation, T. Rowe Price, Vanguard, and Wellington Management Company.

The states represented in the letter to investment firms were as follows: Alabama, Alaska, Arizona, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, North Dakota, Oklahoma, Pennsylvania, South Carolina, South Dakota, Utah, West Virginia, and Wyoming.

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The real land-grab isn’t Mike Lee’s — it’s Biden’s ‘30 by 30’



Something ugly is unfolding on social media, and most people aren’t seeing it clearly. Sen. Mike Lee (R-Utah) — one of the most constitutionally grounded conservatives in Washington — is under fire for a housing provision he first proposed in 2022.

You wouldn’t know that from scrolling through X. According to the latest online frenzy, Lee wants to sell off national parks, bulldoze public lands, gut hunting and fishing rights, and hand America’s wilderness to Amazon, BlackRock, and the Chinese Communist Party. None of that is true.

Lee’s bill would have protected against the massive land-grab that’s already under way — courtesy of the Biden administration.

I covered this last month. Since then, the backlash has grown into something like a political witch hunt — not just from the left but from the right. Even Donald Trump Jr., someone I typically agree with, has attacked Lee’s proposal. He’s not alone.

Time to look at the facts the media refuses to cover about Lee’s federal land plan.

What Lee actually proposed

Over the weekend, Lee announced that he would withdraw the federal land sale provision from his housing bill. He said the decision was in response to “a tremendous amount of misinformation — and in some cases, outright lies,” but also acknowledged that many Americans brought forward sincere, thoughtful concerns.

Because of the strict rules surrounding the budget reconciliation process, Lee couldn’t secure legally enforceable protections to ensure that the land would be made available “only to American families — not to China, not to BlackRock, and not to any foreign interests.” Without those safeguards, he chose to walk it back.

— (@)

That’s not selling out. That’s leadership.

It's what the legislative process is supposed to look like: A senator proposes a bill, the people respond, and the lawmaker listens. That was once known as representative democracy. These days, it gets you labeled a globalist sellout.

The Biden land-grab

To many Americans, “public land” brings to mind open spaces for hunting, fishing, hiking, and recreation. But that’s not what Sen. Mike Lee’s bill targeted.

His proposal would have protected against the real land-grab already under way — the one pushed by the Biden administration.

In 2021, Biden launched a plan to “conserve” 30% of America’s lands and waters by 2030. This effort follows the United Nations-backed “30 by 30” initiative, which seeks to place one-third of all land and water under government control.

Ask yourself: Is the U.N. focused on preserving your right to hunt and fish? Or are radical environmentalists exploiting climate fears to restrict your access to American land?

RELATED: No, Mike Lee isn’t paving over Yellowstone for condos

JohnnyGreig via iStock/Getty Images

As it stands, the federal government already owns 640 million acres — nearly one-third of the entire country. At this rate, the government will hit that 30% benchmark with ease. But it doesn’t end there. The next phase is already in play: the “50 by 50” agenda.

That brings me to a piece of legislation most Americans haven’t even heard of: the Sustains Act.

Passed in 2023, the law allows the federal government to accept private funding from organizations, such as BlackRock or the Bill Gates Foundation, to support “conservation programs.” In practice, the law enables wealthy elites to buy influence over how American land is used and managed.

Moreover, the government doesn’t even need the landowner’s permission to declare that your property contributes to “pollination,” or “photosynthesis,” or “air quality” — and then regulate it accordingly. You could wake up one morning and find out that the land you own no longer belongs to you in any meaningful sense.

Where was the outrage then? Where were the online crusaders when private capital and federal bureaucrats teamed up to quietly erode private property rights across America?

American families pay the price

The real danger isn’t in Mike Lee’s attempt to offer more housing near population centers — land that would be limited, clarified, and safeguarded in the final bill. The real threat is the creeping partnership between unelected global elites and our own government, a partnership designed to consolidate land, control rural development, and keep Americans penned in so-called “15-minute cities.”

BlackRock buying entire neighborhoods and pricing out regular families isn’t by accident. It’s part of a larger strategy to centralize populations into manageable zones, where cars are unnecessary, rural living is unaffordable, and every facet of life is tracked, regulated, and optimized.

That’s the real agenda. And it’s already happening , and Mike Lee’s bill would have been an effort to ensure that you — not BlackRock, not China — get first dibs.

I live in a town of 451 people. Even here, in the middle of nowhere, housing is unaffordable. The American dream of owning a patch of land is slipping away, not because of one proposal from a constitutional conservative, but because global powers and their political allies are already devouring it.

Divide and conquer

This controversy isn’t really about Mike Lee. It’s about whether we, as a nation, are still capable of having honest debates about public policy — or whether the online mob now controls the narrative. It’s about whether conservatives will focus on facts or fall into the trap of friendly fire and circular firing squads.

More importantly, it’s about whether we’ll recognize the real land-grab happening in our country — and have the courage to fight back before it’s too late.

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BlackRock and friends may soon control your digital wallet



America is on the edge of a financial cliff, and Washington’s so-called “solution” is yet another clever ploy that could further centralize power and lead to a reduction in freedom.

The latest scheme is a bipartisan bill dubbed the Genius Act. The U.S. Senate passed the bill on Tuesday by a vote of 68-30. The bill now moves on to the House, where its prospects are less clear.

It’s time for the right to sound the alarm and reject the Genius Act — at least until it offers protections for individual liberty.

Supporters of the law claim it will modernize digital finance by issuing new regulations for stablecoins, shoring up assets currently used by millions of people worldwide.

But the legislation comes with serious threats to liberty as well. It could ultimately become a backdoor way to create a digital dollar, one that offers minimal privacy protections and is easily controlled by massive institutions unaccountable to voters.

What is the Genius Act?

Officially named the “Guiding and Establishing National Innovation for U.S. Stablecoins Act,” the Genius Act aims to bring order and credibility to the booming stablecoin market.

Stablecoins are cryptocurrencies tied to supposedly “stable” assets like the U.S. dollar. USD Coin and Tether — two of the most widely used — circulate more than $200 billion combined.

The bill creates a regulatory framework for stablecoin issuers, allowing them to operate under either state or federal supervision. Lawmakers believe this approach will boost credibility with consumers and financial institutions.

The legislation also forces issuers to disclose their reserve assets, submit to public audits, and comply with the Bank Secrecy Act. That law requires financial entities to implement know-your-customer protocols and anti-money-laundering measures — rules that many stablecoin issuers currently avoid.

Most importantly, the Genius Act would force issuers to back their coins with liquid assets, such as U.S. dollars and Treasury securities. For example, for every USD Coin distributed, the issuer would need to maintain $1 in reserves or Treasury bills of equivalent value, ensuring that users can always exchange their stablecoins for dollars.

The Genius Act has drawn broad bipartisan support on Capitol Hill. Lawmakers from both parties praise its regulatory ambitions. But behind the applause lie serious risks.

Programmable money vs. financial freedom

The bill lays the foundation for a programmable digital currency system — one that lacks basic protections for privacy and liberty.

By granting stablecoins federal recognition and placing them under strict oversight and reserve rules, the Genius Act effectively turns them into government-blessed digital dollars, even if the federal government doesn’t issue them directly.

That might sound like progress — if the bill actually protected consumers. But it doesn’t.

The legislation includes no safeguards to prevent stablecoin issuers from linking usage to social credit systems, such as ESG scores, or restricting legal but politically disfavored transactions. These programmable currencies could easily reflect the ideological preferences of their creators.

RELATED: A brutal wake-up call from America’s most powerful banker

Photo by Al Drago/Bloomberg via Getty Images

Want to donate to a political cause that a stablecoin company opposes? Expect a digital roadblock. Want to buy red meat, a gas-powered car, or anything else that fails to meet an ESG benchmark? Your money might simply stop working.

That’s not science fiction. That’s the likely outcome if Congress fails to add robust consumer protections to the Genius Act.

A forced hand

No one needs to use stablecoins — at least not yet. The Genius Act doesn’t eliminate traditional dollars. For now, consumers still have alternatives. But that could change quickly.

Stablecoins regulated by the U.S. government offer clear advantages over traditional currency. They move instantly, cost little or nothing to send, and operate around the clock. Because they’re digital, they require no physical infrastructure to create or distribute.

In nearly every respect, government-regulated stablecoins outperform paper money. Once the U.S. government legitimizes them and guarantees their safety, adoption will surge.

As usage grows, demand for traditional dollars could shrink. The companies issuing stablecoins would gain enormous control over economic life. Financial institutions could even begin phasing out physical currency, leaving those who resist digital money with no practical alternative.

That’s why Congress must include strong protections for individual liberty in any bill that accelerates stablecoin adoption. Without those safeguards, Americans may one day wake up to find their economic freedom coded out of existence.

A boon for Treasurys

One of the primary reasons so many in Washington support the Genius Act is that it would increase demand for Treasury bills, which helps the federal government finance its massive debt.

The Genius Act would require stablecoin issuers to back their currencies with cash or U.S. Treasurys. Of the two options, Treasury bills often make more sense for the companies issuing stablecoins. Why? Because Treasury bills pay interest.

Washington is drowning in red ink. With over $36 trillion in national debt and counting, the government desperately needs someone to keep buying its IOUs. Stablecoins could offer a trillion-dollar solution. By 2028, the Treasury Department estimates that stablecoin issuers could hold up to $1 trillion in Treasurys, so long as legislation like the Genius Act becomes law.

The Genius Act isn’t primarily about innovation. It’s about bailing out a bankrupt government.

Who’s pulling the strings?

Even more troubling is who stands to benefit. Major players behind these stablecoins include BlackRock, Fidelity, and other financial giants with deep ties to the globalist ESG agenda and organizations like the World Economic Forum. These aren’t neutral actors. They are ideological enforcers with an appetite for control.

Are these the people we want managing the digital currency of the future?

Are these the institutions we trust to safeguard our freedoms?

It’s time for the right to sound the alarm and reject the Genius Act — at least until it offers protections for individual liberty. If we do not act now, we may soon find ourselves in a nation where every transaction is tracked, every purchase scrutinized, and every dollar you “own” is merely rented from a system that can revoke your access with the flick of a switch.

Trump Admin Throws Weight Behind Lawsuit Alleging Wall Street Embraced ESG To Shut Down Coal

The Federal Trade Commission is throwing its weight behind a high-profile federal lawsuit led by 12 Republican-led states accusing three of the world's largest asset managers—BlackRock, State Street, and Vanguard—of artificially constricting the coal market in violation of U.S. antitrust laws, the Washington Free Beacon has learned.

The post Trump Admin Throws Weight Behind Lawsuit Alleging Wall Street Embraced ESG To Shut Down Coal appeared first on .

Bill Targets Indiana Treasurer Who Stops Banks From Canceling Christians, Gun Owners

Indiana's treasurer helped push banks to back down on canceling conservatives, and now a banker-backed bill would strip his office's powers.

BlackRock drops DEI goals, citing US policy shift



BlackRock, the world's largest asset manager, announced in a Friday memo that it dropped its diversity, equity, and inclusion goals, citing a shift in policy under President Donald Trump.

A company-wide email from senior executives — CEO Larry Fink, President Robert Kapito, and global head of human resources Caroline Heller — noted "significant changes to the U.S. legal and policy environment related to Diversity, Equity and Inclusion (DEI) that apply to many companies, including BlackRock."

'These values have been fundamental.'

BlackRock stated that, as a result, it would conduct an ongoing review of its "global practices and announc[e] several changes today."

The company explained that it would not renew its "aspirational workforce representation" targets, dropping requirements for hiring managers to interview a diverse pool of candidates.

Additionally, BlackRock announced that its existing DEI staff would merge into a "Talent and Culture" team.

"Our employee networks, which are open to all employees and to which over 90% of employees belong, will continue to serve as important resources for our colleagues," the memo stated. "Last year, we welcomed more than 3,000 new colleagues and we are adding many more in 2025. Our connected and inclusive culture is imperative to achieving our commercial objectives and delivering performance for our clients."

In a 2021 letter to shareholders, Fink previously vowed to "embed DEI into everything we do."

In 2020, the asset manager established a goal to boost U.S. black and Latino employees by 30% and double the leadership numbers of those individuals by 2024. It has since abandoned these goals.

The company's 2023 annual report previously disclosed the percentage of its U.S.-based employees who identified as black and Latino. It also provided a breakdown of gender demographics. However, BlackRock's latest 2024 report did not disclose these stats.

Despite committing to ditching DEI-related practices, BlackRock reaffirmed its commitment to maintaining a diverse workforce and avoiding "groupthink."

The memo read, "We are committed to creating a culture that welcomes diverse people and perspectives to foster creative solutions and avoid groupthink. These values have been fundamental to our One BlackRock culture since our founding 37 years ago."

BlackRock has also been gradually retreating from woke practices, including environmental, social, and governance objectives. The company exited the United Nations-sponsored Net Zero Asset Managers coalition earlier this year.

Other corporations, including Goldman Sachs Group Inc., Citigroup Inc., McDonald's, Ford, and Walmart, have likewise recently walked back their DEI objectives following Trump's directive to investigate such programs for potential civil rights violations.

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How a Texas court ruling could crush the left’s ESG agenda



In a significant victory, a federal judge in Texas has ruled that employers and asset managers cannot use environmental, social, and governance factors in employee retirement accounts. If this ruling holds up — which is likely, given the conservative composition of the appellate court — it will dramatically shift the balance of power between corporations and their employees.

This decision represents one of the most substantial blows to the ESG agenda to date. Companies that have been steering employees into ESG-focused investments, which prioritize progressive values over financial returns, now face legal repercussions. Continuing such practices would directly violate federal law. The ruling forces companies to re-evaluate their commitment to ESG initiatives, and many may withdraw from these funds before the case even reaches the appellate court.

Watching these corporations squirm as they try to backtrack and avoid legal repercussions is ever so satisfying.

The impact of this ruling could very well be the beginning of the end for the ESG movement as it’s been pushed by elites.

In even better news, BlackRock, a major player in the ESG movement, has officially left the United Nations’ International Association of Asset Managers. This is a direct rebuke of the global push for ESG initiatives and a major sign that the tide is turning. In contrast to the Glasgow Net Zero Conference in which the Global Financial Alliance for Net Zero — an organization championed by global elites — was pushing for ESG to be a central focus, BlackRock’s departure from the group signals that even those who were at the forefront of this movement are starting to distance themselves.

But it doesn't stop there. Every major U.S. bank has now announced that they too are leaving the U.N.’s Association of Net Zero ESG Bankers, another key part of the Glasgow Financial Alliance. For years, we’ve been warning that ESG in banking was one of the primary ways elites like Biden, the Davos crowd, and others were planning to reset the world’s economy.

The tides have turned — and now those very same banks are running away from ESG, a powerful signal of things to come. They know they’re on the losing side, and they’re scared that a new administration will come down hard on them for their involvement in these globalist initiatives.

In another win, the Consumer Financial Protection Bureau unveiled a shocking new rule that, if it survives, would prohibit many financial institutions from de-banking customers based on their political or religious views, or even certain types of speech. While the rule is not as comprehensive as we need it to be, it’s a step in the right direction — and it includes concerns raised by our allies about the dangers of ESG. The Trump administration has promised to come down even harder on the banks with tougher rules, and this is a very good start.

Watching these corporations squirm as they try to backtrack and avoid legal repercussions is ever so satisfying. Some are running for cover while others are desperately trying to ingratiate themselves with the powers that be. It’s clear that the backbone of these companies is made of rubber, not steel. They don’t really believe in the ESG values they preach — they’re just playing the game to get in bed with the political elites.

Now that Trump is back in town, these corporations are showing their true colors. They never cared about their customers or the values they forced upon them. It was always about the power they could acquire through catering to those in power at the time.

No company should be afraid of the president of the United States. But they’re not afraid of Donald Trump. They’re afraid of the return of the rule of law. They know that fascistic public-private partnerships between the government and corporations are on the way out. That’s a victory for freedom and a victory for the American people.

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