The federal savings bank's alleged issuance monopoly lawsuit opened in public on Monday, and the entire courtroom was packed with people.

If you look carefully at each of the spectators in the auditorium, you will find that there are almost no ordinary people here.

Ordinary people are not interested in this kind of case and cannot squeeze in.

The people sitting here are all rich people, or people with connections to the Federal Reserve Bank.

Their customers, or their customers.

Lynch sat in the third row, in a less conspicuous position.

The Federal Reserve Bank has established a super luxurious defense team, a super luxurious team of lawyers composed of lawyers from the three major federal law firms who specialize in monopoly cases.

It is composed of more than thirty well-known lawyers and possibly hundreds or more staff members.

They collected a lot of evidence and materials, and then after everyone's discussion, they decided on the idea of ​​​​listening and identification.

Such a luxurious team setup is unique in the history of the federal judiciary.

It’s not that no one has such great financial resources, or that they are reluctant to spend so much money.

Rather, the three major law firms are essentially competitors. The more senior a team of lawyers is, the more unwilling they are to "share", let alone "share" with their competitors.

They would rather quit on their own than work with a competitor.

But the Federal Reserve gave them too much money, coupled with their influence and personal connections, the three major law firms were united like never before.

It seems that in order to fight against such a luxurious team, all the prosecutors in the Federal Attorney General's Office who have outstanding achievements in the antitrust field have also formed a large and luxurious prosecutor team!

Today is the first day of the trial. Obviously this case will not have any results in a short time, but it will still be very important.

Because the tendency of today's court hearing can make people understand the federal government's thinking.

As soon as it came up, a prosecutor began to take the lead in attacking. He confirmed from some collected evidence that the "issuance authority" did not actually belong to the Federal Reserve Bank.

Before the establishment of the federal government, people used gold, silver or Gefra coins for transactions, and some regional private banks would also provide things like gold certificates.

Bartering is the mainstream method of trade.

Later, the federal government was established. In order to solve trade problems, the federal government mortgaged tax revenue to the then Efron Post Office, which is now the Federal Savings Bank.

At that time, the federal postal business and banking business were also merged together, and businesses such as wanted services and armed escorts were also engaged.

Efron Post Office was the private bank with the most branches, the largest scale, and the closest relationship with the federal government after the establishment of the Federation.

The first president of the Confederation mortgaged the tax revenue to the Efron Post Office and entrusted them to print the first batch of federal sol.

Since then, the federal government has entrusted the Federal Reserve Bank to handle the issue of currency.

But this does not mean that the Federal Reserve Bank has the right to issue funds.

Its right to issue actually comes from the commission from the federal government. It is a trade and a business.

According to the prosecutor's view, since it is an independent task delegation, the client can naturally be changed.

Over the past two hundred to three hundred years, the Federal Reserve Bank has used its influence to interfere with the federal government's choice of issuing currency many times.

Including, but not limited to, bribery, threats, intimidation and other means to make itself the only bank capable of undertaking the issuance task.

Although on the surface the Federal Reserve was not the only option, they did so that they became the de facto only option, which is also a more subtle monopoly.

So the Federal Reserve Bank will face not one accusation, but many!

The Federal Savings Bank's legal team also immediately fought back. They believed that the Federal Savings Bank's issuance rights did not have a monopoly.

Just because the Federal Reserve Bank has done a good enough job in this area, we cannot allow them to continue doing it. We can only choose those that do not do well or have no experience.

Some people who may have interfered with the entire process chose to plead guilty.

Others deny the accusations and argue that legal and compliant lobbying is not a crime.

And they also welcome other banks, companies, and even individuals to compete with them on issuance issues.

The scene was very intense. Lynch saw many well-known people in the banking industry, and everyone was paying close attention to the trial.

It can be seen that the federal government's butt is not tilted, at least so far they seem to be working hard to fight against the Federal Reserve Bank.

Connor obviously did not give in to the pressure and took the initiative to come together with the Federal Reserve Bank, which somewhat surprised Lynch.

If it were President Bowling, this trial might be the final trial, and he would not offend the Federal Reserve Bank.

As for Mr. Trueman?

There may not even be this lawsuit, because they all know that as long as it is decided by him, it will be difficult to change, and he is even willing to sign presidential privileges to enforce it forcefully!

On the contrary, it was Connor who behaved a little strangely.

The trial lasted a whole day, two hours in the morning and three hours in the afternoon. It was very exciting and exciting for both parties to come and go.

However, they did not cause any actual harm to the other party.

In the evening, Lynch made a phone call to Connor in advance and visited the presidential palace after eight o'clock.

When Lynch first entered the study, he smelled the strong smell of cigarettes. Connor strode to the window, opened it, and made a fan gesture.

It can be seen that he is somewhat embarrassed. Although both of them smoke, smoking has nothing to do with the environment in which they receive guests.

You can't entertain guests in the toilet just because everyone poops. This is the same reason.

Just because Lynch smokes, the place where he is received cannot be filled with the smell of smoke.

"The people from the Federal Reserve Bank just left before you came." Connor explained, and then opened several more windows.

This chapter is not finished yet, please click on the next page to continue reading the exciting content! The temperature is actually not too high now, about 18 or 9 degrees, and it is a bit cold when the wind blows in at night.

Lynch shook his head and said he didn't care very much, "Do they feel the pressure?"

Connor smiled and nodded, "They realized they had a big problem, and I became the key person."

The president's attitude is very important on judicial issues, because the Ministry of Justice and the justices are supported by the presidential office, so the opinions of the presidential office are often the direction in which judicial issues develop.

Connor said "business is business", and those in the Department of Justice naturally knew what this meant, and immediately formed a luxurious prosecutor team to fight against the Federal Reserve Bank's luxurious lawyer team.

The justices also have an attitude of "I won't listen to what you say, I just think there is something wrong with you", which also makes them very troubled.

But fortunately, federal judicial decisions are always outside the court, so they immediately started emergency public relations.

Many people came in the evening. In addition to people from the bank, they were all well-known brokers and politicians.

President Bowling also came. In addition to him, there were four professional brokers whose families had once produced federal presidents.

Their appearance indeed put a lot of pressure on Connor. This guy seemed very timid at times, but he was also very able to withstand pressure at other times.

He resisted the pressure and said that justice must be fair, but there were still some thoughts that might have room for negotiation.

To put it bluntly, it means signaling to the other party that the benefits are not fully met.

"Last time I mentioned that Blackstone Bank should also obtain part of the currency issuance rights, but they strongly rejected my proposal."

"This makes me very embarrassed, Lynch."

"I rarely ask others to do something for me because I know it's actually very difficult."

"It's difficult for me and it's difficult for others, but once I speak, I hope to have a good answer."

He didn't finish his words, there was still some "aftertaste" left, and then he shook his head.

Lin Qi knew that this guy was taking the opportunity to sell him a favor, but this kind of favor was not appropriate and was not accepted.

You can't say, "Whether I can print money or not has nothing to do with you." Isn't that stupid?

I could only say that it didn't need to be so difficult, and at the same time thank Connor for his loyalty.

In fact, Lynch felt that Connor had such a choice because his reputation was not easy to use in front of the Federal Reserve Bank, and the Federal Reserve Bank was indeed too huge.

Their ability to regulate the economy even exceeds that of the federal government. The federal government is not on the same level as them in this respect and can only be crushed.

Connor doesn't seem to be very fond of power, but in fact, sometimes he is not only sensitive to power, but also very greedy.

The reason why his relationship with Lynch has always been so good is probably because Lynch has never underestimated the power in his hands, which allows him to communicate with Lynch easily.

Lynch laughed, "Should I say 'Thank you very much for helping me' at this time?"

Connor was stunned for a moment, then laughed, "Can you have a good chat?"

Lin Qi nodded, but still thanked him very seriously, "I'm not kidding, I owe you a favor for this."

Connor waved his hand, he owed Lynch more.

"What do you think is the best way to develop this matter?"

"Is it still the same as before?"

In the past, the federation's approach to monopoly groups was actually very simple. As long as there was sufficient evidence, it would split and reorganize, forcing these people to sell their assets, and then confront their former selves——

Although this trick is useless, even if those monopoly groups are split into many, if you follow the clues of their shareholdings, you will find that they are still the same people!

It just has some additional small shareholders to resist risks and can be sacrificed anytime and anywhere.

In fact, even if Lynch doesn't come to visit Connor, Connor plans to call and ask about Lynch.

Breaking up the Federal Reserve Bank is not a simple matter, and it is also very dangerous.

This is also the reason why he will not stick to his words and leave some impression to the lobbying team that "I can be persuaded, but you are not working hard enough".
Chapter completed!