The Federal Reserve enjoys a monopoly over the flow of our money and credit but has never been completely transparent and accountable to Congress since its creation in 1913. Since 1913, our dollar has lost more than 95% of its …Continue reading →
Last week, the Financial Crisis Inquiry Commission (FCIC) presented its results to the Financial Services Committee. As with most other politically-appointed commissions, the results of the FCIC’s investigation were easy to predict. Established by the same congress that gave us …Continue reading →
Last week the 112th Congress was sworn in. I am pleased that I will be chairing the Monetary Policy Subcommittee of the Financial Services Committee, which has oversight of the Federal Reserve. Obviously, this position will facilitate my efforts to …Continue reading →
Washington, D.C. – Congressman Ron Paul’s Federal Reserve Transparency Act, HR 1207, has reached and surpassed the level of 218 cosponsors in the House of Representatives, which means it is now cosponsored by a majority of the members. The 218th …Continue reading →
Texas Congressman Ron Paul has slammed the stimulus bill, passed by the House and Senate last week, as a blatant continuation of the destructive economic policy that caused the financial crisis in the first instance. Paul, who is also a …Continue reading →
Ron Paul in the House Financial Services Committee, September 10, 2003 Mr. Chairman, thank you for holding this hearing on the Treasury Department’s views regarding government sponsored enterprises (GSEs). I would also like to thank Secretaries Snow and Martinez for …Continue reading →
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