Apr 9, 2019 – Prayer Focus

Tuesday, April 9, 2019 – 24/7 National Strategic Prayer Call 

“A CALL TO THE WALL…ONE NATION UNDER GOD” 

1-712-770-4340 Code: 543555 # 

We will not tolerate any demonic interference on the 24/7 National Strategic Prayer Call. 

We are taking measures to protect and defend our 24/7 family and this call. At the top of every hour, 

the facilitator, in agreement with those on the line, will bind all forces of evil and cast them down into the abyss, then pray a shield of protection over the call and our 24/7 family!

*The key assignment for the 24/7 National Strategic Prayer Call is to intercede hourly 

for the safety and security of our President and to pray for that which pertains to our nation!

We pray for the protection of our President Donald Trump and cover him with the Blood of Jesus. 

We bless our First Lady, Melania, their young son Barron and each of their family members.

We cover our Vice President Mike Pence, his wife Karen and their family 

and all those in this Administration who are serving You and our nation!” 

The 24/7 NSPC is calling the Body of Christ nationwide to pray for the 2020 National Elections,

mobilizing intercessors and positioning ourselves in prayer before the Lord 

on behalf of our President and nation! 

COUNTDOWN: 575 days until the election! 

Let us pray into this verse: 

“…he who sows righteousness will have a sure reward…”

Proverbs 11:18

We pray for the Israeli National Elections which are being held today:

May God uphold His chosen vessel, Benjamin Netanyahu, and protect His people and His nation. 

Strategic Focus for Tuesday 

WELCOME THE KING OF GLORY INTO THE UNITED STATES 

The “spirit of mammon” – Part 3 – Interceding for the FED 

“The integrity of the upright will guide them, but the perversity of the unfaithful will destroy them.”

Proverbs 11:3

At the core of the Federal Reserve System is the Board of Governors, or Federal Reserve Board. The Board of Governors, which is located in Washington, DC, is a federal government agency that is the FED’s centralized component. This group makes the most consequential decisions about American monetary policy.

The Board consists of seven members who are appointed by the President of the United States and confirmed by the Senate. These Governors are individuals who are appointed, not elected, and are in powerful, decision-making positions as they stand in “the economic wheelhouse” of our ship of state and guide our monetary policies and actions. 

We pray:

• What a tremendous impact this group can exert on our nation’s economy! We ask, Father, as we learn more about the Federal Reserve Board, that You will show us how to pray for those who serve in these positions…that they might do so honorably… free from the influence of mammon! 

Of the seven seats on the Federal Reserve’s Board of Governors, President Trump will have the opportunity to fill two of them. When the President’s nominees assume their new roles, they could drastically change the Fed’s monetary policy and oversight of banks. His picks…both the ones he’s made and the ones he will make…say a lot about the direction in which his administration wants to push the FED. 

We pray:

• That the President’s selections for the FED Board members will be those who are aligned with him in principle and action, and that they will do what is necessary for our economy to flourish! 

The term of service on the Board of Governors is 14 years, and appointments are staggered, so one Governor’s term expires every two years. Terms are staggered to provide the Fed political independence as a central bank, ensuring that one President cannot take advantage of his power to appoint Governors by “stacking the deck” with those who favor his policies. 

The Board of Governors must be nonpartisan and act independently. 

• In addition to independence, the staggered terms enable stability and continuity on the Board of Governors. 
• The seven Governors represent the nation’s financial, agricultural, industrial, and commercial interests.
• Geography is a factor; every Governor must be selected from a different Federal Reserve District, and at least one of the Governors must have experience in community banking. 

The seven members of the Board of Governors’ responsibilities include:

• Actively leading committees that study trends in the economy, from affordable housing and consumer banking laws to interstate banking and electronic commerce, and forecasting the country’s future economic direction. 
• Exercising broad supervisory control over certain state-chartered financial institutions, called member banks, as well as the companies that own banks (bank holding companies). This control ensures that commercial banks operate responsibly and comply with federal regulations and that the nation’s payment system functions smoothly. 
• Keeping the banking system sound and overseeing the operations of the 12 Reserve Banks. 
• Approving the appointments of each Reserve Bank’s president and three members of its board of directors. 

The Governors’ most important responsibility is participating on the Federal Open Market Committee (FOMC), which directs the nation’s monetary policy. The FOMC is made up of the seven members of the Board of Governors; the president of the Federal Reserve Bank of New York; and presidents from four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis. Each FOMC meeting ends with a vote on actions that will affect the country’s money supply…not how much is printed…but how much money banks have to lend, which in turn affects the amount of money consumers and businesses have to spend.

We pray: 

• Before we even know who they are, Lord, we bless those who have been called to the FED. We bless their lives, their families and their futures! Let each one align with You and serve with honor! 

The Federal Reserve controls the three tools of monetary policy: open market operations, the discount rate, and reserve requirements. The Board of Governors is responsible for the discount rate and reserve requirements, and the Federal Open Market Committee is responsible for open market operations. Using these three tools, the FED influences the demand for and the supply of balances that depository institutions hold at Federal Reserve Banks and in this way alters the federal funds rate. 

• The federal funds rate is the interest rate at which depository institutions lend balances at the Federal Reserve to other depository institutions overnight. 
• Changes in the federal funds rate trigger a chain of events that affect other short-term interest rates, foreign exchange rates, long-term interest rates, the amount of money and credit, and, ultimately, a range of economic variables, including employment, output, and prices of goods and services.

Heading the Board of Governors are a Chairman and Vice Chairman, both highly visible positions. Governors are appointed by the President of the United States and serve four-year terms. The Chairman reports twice a year to Congress on the FED’s monetary policy objectives, testifies before Congress on numerous other issues, and meets periodically with the Secretary of the Treasury, Steven Mnuchin, who serves on the President’s Cabinet. Other Board of Governors officials are also called to testify before Congress, and they maintain regular contact with other government organizations.. 

The seven members of the Board of Governors of the Federal Reserve System are nominated by the President and confirmed by the Senate. 

• A full term is fourteen years. One term begins every two years, on February 1 of even-numbered years. 
• A member who serves a full term may not be reappointed. 
• A member who completes an unexpired portion of a term may be reappointed. 
• All terms end on their statutory date regardless of the date on which the member is sworn into office.
• The Chairman and the Vice Chairman of the Board are named by the President from among the members and are confirmed by the Senate. 
• They serve a term of four years, and the member’s term on the Board is not affected by their status as Chairman or Vice Chairman.

Jerome H. Powell is the Chair of the Board of Governors of the Federal Reserve System. He was selected in 2018, for a four-year term. He also serves as Chairman of the Federal Open Market Committee, the System’s principal monetary policymaking body. Mr. Powell has served as a member of the Board of Governors since 2012, when he joined and filled an unexpired term. He was then appointed for a full term, ending January 31, 2028. 

Powell has served on the boards of charitable and educational institutions, including the Bendheim Center for Finance at Princeton University and the Nature Conservancy of Washington, DC and Maryland.

Prior to his appointment to the FED Board, Mr. Powell served in the arenas of law, finance and public service. 

• He was a visiting scholar at the Bipartisan Policy Center, a Washington, DC “think tank” – bringing together those of different party affiliations and political viewpoints, to tackle the critical challenges facing our nation. His focus there was on federal and state fiscal issues. 
• He was a partner at the Carlyle Group, one of the world’s largest and most successful investment firms.
• He served as an Assistant Secretary and as Undersecretary of the Treasury under President Bush 41, with responsibility for policy on financial institutions, the Treasury debt market, and related areas. 
• Prior to that, he worked as a lawyer and investment banker in New York City.

Born in 1953 in Washington, DC, he has an AB in politics from Princeton in 1975 and a law degree from Georgetown, where he was Editor-in-Chief of the Georgetown Law Journal. He is married with three children.

We pray for his protection and cover him and his family with the Blood of Jesus. 

*** We have attached a video conversation with Jerome Powell, the Chairman of the FED. It was filmed in the Board Room of the FED in Washington, DC with 60 educators who teach economics and history to young adults, joined by livestream with many from all across the country viewing by webcast at the regional Reserve Banks and offices. It gives a glimpse into Chairman Powell’s person and character. 

*** Read through each of these thoughts from Jerome Powell, and pray into what he’s expressing! 

In government, economic analysis is one of the principal tools we use in making public policy decisions. What policies actually work, or sound good, but don’t work or are actually counterproductive? Economics teaches analytical and critical thinking skills useful to success as capable, creative and productive members of the workforce, and as consumers adept at managing their finances. 

Monetary policy can be a powerful tool to stabilizing growth and mitigating a downturn. (But) its powers are dwarfed by larger forces, such as the productivity of the American people and the strength of their finances. By educating students economics’ teachers, are furthering our goals at the FED. 

We have this brand of independence, which is appropriately rare in democracy. Important decisions should be made by people who are elected, people who vote — we’re not elected. Congress has chosen to delegate to us this power to make decisions about stable prices and maximum employment. 

Right now, surveys are saying this is a good time to find a job if you’re a worker and labor is hard to find. So you’ve got scarcity on the part of businesses, and you’ve got a good time to find a job on the part of people. That’s why wages are going up. And this is a sign of a very healthy labor market. 

All of those things go into a decision about whether to leave the interest rate the same, raise it or lower it. You know, it’s really just those three choices. It sounds kind of simple if you put it that way. (ie. lower interest rates = economy expands; raise interest rates = economy contracts) 

We’ll go out and explain ourselves to the public and to Congress and to the media and all of that is meant to get the public to understand what we did and why we did it. So we try to be as transparent as we can. 

You (must) have…a culture that values and promotes diverse perspectives, where it’s safe to speak, where diverse perspectives are welcome or encouraged or not punished. 

We work hard to communicate in a way that doesn’t lapse into economic jargon, and so it can be understood by anyone who’s interested. The English language is more than adequate to provide us ways to explain what we’re doing and why we’re doing it in a way that someone who’s interested can understand.

(With a) financial crisis, there was an event, a shock to the system. The system wasn’t strong enough to stand up to that shock… the whole financial system should’ve been robust enough to take that kind of a shock, and it wasn’t. So things broke…and we had to step in and put things back together. We spent ten years addressing what went wrong, and what could go wrong. We need to continue to be flexible, and imagine what the next thing could be…a cyberattack or something else like that. 

The US economy is in a good place at the moment. Unemployment is low, prices are near 2 percent inflation. So this is one of the things to think about over the next ten years. We should be focusing on those things that increase the level and amount of growth. That boils down to keeping people in the labor force working, which makes the labor force grow, and makes their lives better. It all comes down the educational system. We want prosperity to be widely shared and it comes down to policies that will make that happen. Again, education always comes up!

Advice to students: You’re the only person that can decide what standards you want to hold yourself to. So hold yourself to a high standard. That’s up to you. No one else can do that. It’s not about teachers or your parents making you do stuff. Pretty soon you’re going to be on your own, and you’ve got to decide what you want to make of it yourself. Believe in yourself…you have all these doubts about whether you’re supposed to be the one to do well and succeed…and you just have to believe that you have gifts, and that they’re real, and that you can achieve things, and that you matter and you’re going to amount to something. Think big…it’s just such a simple thing, but, think big in a sense of things really are possible. Be open to the possibility that no one else sees.

 ~~~~~

Hineni, Adonai! Here I am, Lord!

Engaging in a Warfare of Love! The Battle of the Bride!

KADIMA! Onward…forward!

“LAYNA!” LIGHT and TRUTH!

Be Strong…Courageous…Brave!

Unashamed of the Gospel of Christ!

God’s Champions for Life!

Maranatha! Come, Lord Jesus!

BE READY! REVIVAL IS COMING! 

To print, use the attached PDF file 

https://acrobat.adobe.com/id/urn:aaid:sc:VA6C2:d4c0ced5-a6e0-4210-8e80-ab871f402c57