NATO (North Atlantic Treaty Organization) has made moves to establish a war bank, as tensions with Russia rise. The Bank of Defense, Security, and Sustainability (DSRB) would allow NATO members to pool funds.

In doing so, NATO would be circumventing domestic fiscal constraints and voter opposition by classifying contributions as mandatory defense spending. It aims to enforce NATO’s new 5% GDP military spending target by 2035, overriding national budget debates.

Accoridng to a report by Natural News, this new idea is backed by JPMorgan Chase, ING, and Goldman Sachs. The new bank plans to issue bonds by late 2026. Private investors will be incentivized to fund NATO’s militarization and war mongering, all while deepening Wall Street’s role in warfare.

Read more: NATO Seeks “War Bank” Amid Rising Tensions With Russia