National Blog - page 173
Is the Fed Arguing in Bad Faith?
Paul-Martin Foss examines the Fed's claim that the Audit the Fed bill would allow Congress to dictate monetary policy and let Congress "look over the Fed's shoulder" in real time, to see if the Fed's claims have any credibility (SPOILER ALERT [...]
Department of Homeland Security: What is it Good For?
Late Friday night, Congress passed legislation funding the Department of Homeland Security for one week. This vote followed weeks of debate over efforts to attach a prohibition on funding President Obama’s executive order granting amnesty to [...]
Why does the Fed fear an Audit?
Seth Lipsky of the New York Sun wants to know: Yellen dug in her heels Tuesday, when she appeared before the committee and was asked about Sen. Rand Paul’s Federal Reserve Transparency Act. She said she wanted to be “completely clear” that [...]
Federal Reserve in "Deep Panic" Over Audit the Fed
And they should be... Christopher Goins, writing at The American Spectator, writes about Federal Reserve Governor Jerome Powell's recent speech at Catholic University and the Fed's campaign against Audit the Fed. Goins quotes yours truly [...]
Jackie Robinson and Junkyard Dog show liberty brings people together
Those looking for a good movie to commemorate Black History Month should check out 42, the 2013 "biopic" about Jackie Robinson, the first African-American to play major league baseball. Jackie Robinson's story is also a good illustration of [...]
Happy Birthday, Murray Rothbard!
Today is Murray Rothbard's ninety-fifth birthday. With the Federal Reserve and its apologists continuing to spread the myth that Audit the Fed would somehow compromise their precious "independence," I can think of no better way to celebrate [...]
Yellen: Don't Audit Me!
This Tuesday, the Senate Banking, Housing, & Urban Affairs Committee will hold a hearing titled "Federal Reserve Reform." Unfortunately, Audit the Fed (S. 264), despite its massive popularity among the American people, isn't on the [...]
Internet, RIP?
Today the Federal Communications Commission (FCC), a non-elected federal government agency, voted three-to-two to reclassify broadband Internet as a common carrier service under Title II of the Communications Act. This means that – without the [...]
Does Fed Leverage and Asset Maturity Matter?
CATO's Mark Calabria examines whether the American people should be concerned about the Federal Reserve's balance sheet and whether those concerns are one more reason why Congress should pass the Audit the Fed (SPOILER ALERT: IT DOES): Debate [...]
The Federal Reserve Has It In For Audit the Fed
And Paul-Martin Foss , founder and President of the Carl Menger Center for the Study of Money and Banking, has it in for the Fed. Paul-Martin recently examined Richard Fisher and Jerome Powell's criticisms of Audit the Fed to see if they have [...]