Jan 14, 2026
Tonight marks one of the most serious moments in modern American financial history.
In an unprecedented move, Jerome Powell, Chairman of the Federal Reserve, has formally invoked emergency powers under Section 13(3) — the first time such authority has been used against America’s largest banks since the 2008 financial crisis.
As of January 13th, 2026, JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup are operating under enhanced Federal Reserve supervision with restrictions on interbank activity. Federal regulators have declared “immediate threats to payment system continuity,” triggering emergency congressional procedures, FDIC intervention, and accelerating SEC and DOJ investigations.
Commercial real estate losses, unrealized Treasury bond losses, collapsing interbank trust, and deteriorating consumer credit have converged into a narrow and dangerous window. Emergency congressional testimony is now scheduled within 72 hours. Markets are reacting in real time. Confidence is fracturing. And systemic intervention is no longer theoretical.
This video breaks down:
What Section 13(3) emergency authority actually means
Why interbank lending freezes signal deep systemic stress
How commercial real estate and unrealized bond losses reached this point
What emergency congressional hearings could trigger next Why this moment may permanently alter “too big to fail”
This is not speculation. This is procedure — and it’s moving fast.