SPRINGFIELD, Virginia – Campaign for Liberty issued the following statement from Chairman Dr. Ron Paul on the nomination of Janet Yellen to be the next Chair of the Federal Reserve: “Many will make a big deal about the nomination of Janet Yellen to be the next Fed Chair, but the reality is, as long as we […]
By Michael Clayton We are slowly learning that this shutdown is anything but a catastrophe, but many Americans are still asking themselves, “How did we get in this position?” They are learning this week that the shutdown of a part of government functions does not mean the end of the world. However, many citizens are […]
It certainly seems that way. A new report from Reuters shows that the Pacific Investment Management Co. (Pimco) made a killing off mortgage-backed securities at the same time the firm was under contract with the Federal Reserve to implement and manage its unprecedented mortgage-backed security purchases. Based on Pimco’s asset purchases between 2008-2012, it appears that the […]
Today the Federal Reserve released the minutes from its July policy meeting, which showed disagreement among policymakers as to when to taper the Fed’s unprecedented $85 Billion per month bond-buying program. From The Associated Press: A few policymakers said they wanted to assess more economic data before deciding when to scale back the central bank’s $85 […]
Since our founding in 2008, Campaign for Liberty’s top legislative priority has been passing Audit the Fed. In the 111th and 112th Congress, Congressman Ron Paul’s Audit the Fed bill passed through the House of Representatives twice, once as an amendment and last Congress by a three-fourths majority on a stand-alone vote. Campaign for Liberty […]
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