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Tag Archives: financial services committee

HR 1207: Federal Reserve Transparency Act Fact Sheet

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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 →

Posted in Federal Reserve | Tagged congressional oversight, Federal Reserve Transparency Act, financial services committee, government accountability office, house financial services committee, HR 1207, open market operations

Central Economic Planning at Its Worst

Ron Paul Revolution

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 →

Posted in Economy, Federal Reserve | Tagged Austrian Business Cycle Theory, austrian economists, business cycle theory, Financial Crisis Inquiry Commission, financial services committee, government intervention in the economy, risky investments

Toward Sensible Monetary Policy

Ron Paul Revolution

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 →

Posted in Federal Reserve | Tagged central banks, financial services committee, monetary policy

Audit the Fed Bill Reaches Crucial Benchmark

Ron Paul Revolution

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 →

Posted in Federal Reserve | Tagged dennis kucinich, financial services committee

Government Spending Driving Us Into Depression

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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 →

Posted in Economy | Tagged financial services committee, house financial services committee, welfare policy

Market Intervention and Ponzi Schemes

Ron Paul Revolution

Dr. Paul comments on market intervention and ponzi schemes in Monday’s Financial Services Committee meeting.

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Posted in Economy | Tagged financial services committee, market intervention, ponzi schemes

Ron Paul Predicted the Fannie/Freddie Fiasco

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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 →

Posted in Economy | Tagged fannie mae, federal home loan, federal home loan mortgage, federal home loan mortgage corporation, federal national mortgage, federal national mortgage association, Federal Reserve, federal subsidies, financial services committee, government subsidies, home loan bank, home loan mortgage, home loan mortgage corporation, house financial services committee, ron paul, treasury department, united states treasury

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