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Sen. Cruz Cosponsors Bill to Audit the Federal Reserve

Check out the press release from Texas Senator Ted Cruz announcing his support for Audit the Fed! WASHINGTON, D.C. - U.S. Sen. Ted Cruz, R-Texas, today cosponsored the Federal Reserve Transparency Act of 2015 (S. 264), to require a full audit [...]

Audit the Fed Reintroduced in Senate

SPRINGFIELD, Virginia- Yesterday, Senator Rand Paul (R-KY) introduced S. 264, Ron Paul’s Audit the Fed bill, which calls for a “full audit of the Board of Governors of the Federal Reserve System and the Federal Reserve banks by the [...]

Audit the Fed Cosponsors - 1/14/15

Has your representative cosponsored Rep. Thomas Massie's H.R. 24, The Federal Reserve Transparency Act of 2015? Since its introduction last Tuesday with 63 original cosponsors, 20 additional cosponsors have signed on to support the [...]

Audit the Fed's chances of passing are better than ever

With a new Congress being sworn in next week, Audit the Fed's chances of passing both Chambers are better than ever. Note that since the last Congress ended without Senate Majority Leader Harry Reid allowing a vote on Audit the Fed in the Senate, [...]

Yellen Press Conference Translated from Fedspeak into English

Our friend Paul-Martin Foss has a fun article over at the Carl Menger Center for the Study of Money and Banking on Federal Reserve Chairman Janet Yellen's press conference yesterday: In case you haven’t gotten enough of Janet Yellen’s press [...]

Portman Joins Rand Paul and Bipartisan Group in Proposing an Audit of the Federal Reserve

Check out the press release from Ohio Senator Rob Portman announcing his support of Audit the Fed! Washington, D.C. – Today, U.S. Senator Rob Portman (R-Ohio) joined U.S. Senator Rand Paul (R- Ky.) and 29 cosponsors in introducing the [...]

If the Fed Has Nothing to Hide, It Has Nothing to Fear

Since the creation of the Federal Reserve in 1913, the dollar has lost over 97 percent of its purchasing power, the US economy has been subjected to a series of painful Federal Reserve-created recessions and depressions, and government has grown [...]

Audit the Fed Adds More Cosponsors

Support for Audit the Fed continues to build in the early days of the 114th Congress, with 11 representatives signing on to the bill just days after it was introduced with 63 bipartisan original cosponsors. In a press release, Freshman Rep. [...]

Janet Yellen's Christmas Gift to Wall Street

Last week we learned that the key to a strong economy is not increased production, lower unemployment, or a sound monetary unit. Rather, economic prosperity depends on the type of language used by the central bank in its monetary policy [...]

All I Want for Christmas is a (Real) Government Shutdown

The political class breathed a sigh of relief Saturday when the US Senate averted a government shutdown by passing the $1.1 trillion omnibus spending bill. This year’s omnibus resembles omnibuses of Christmas past in that it was drafted in [...]