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Blog

Senate to Finally Vote on Auditing the Fed

On Tuesday, Sen. Rand Paul will finally secure a Senate vote on his perennially authored bill to audit the Federal Reserve Bank of the United States. This is a bill that has been offered by Paul, and by his father Ron Paul before him, every year since 2009, but this will be the first time the Senate has actually voted on it.

01/08/2016
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Press Release

If Janet Yellen Has Nothing to Hide from Fed Audit, She Has Nothing to Fear

Ahead of a scheduled vote in the Senate on Sen. Rand Paul’s Federal Reserve Transparency Act (S. 2232), FreedomWorks Legislative Affairs Manager Josh Withrow commented:

01/07/2016
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Press Release

FreedomWorks’ Statement on the Federal Reserve's Intention to Raise Interest Rates

Following the news of the Federal Reserve’s intention to raise interest rates this week, FreedomWorks CEO Adam Brandon commented:

12/15/2015
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Op-ed Placement

Bernanke-Panky: A Review of the Former Fed Chairman’s The Courage to Act

Ben Bernanke’s new memoir, The Courage to Act, begins straightaway with a false premise. The first sentence of the book reads: “In all crises, there are those who act and those who fear to act.” The statement presupposes that action must always be good, and inaction must always be the result of fear.

11/17/2015
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Press Release

FreedomWorks to Congress: Pass Audit the Fed

Following the reintroduction of the Federal Reserve Transparency Act by Senator Rand Paul (R-KY) in the Senate using a procedural move to bypass committee, FreedomWorks Legislative Affairs Manager Josh Withrow commented:

11/04/2015
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Op-ed Placement

Bubble, Bubble, Toil and . . . Fannie, Freddie Back at It As Clinton Blames Capital

Bubble, bubble, toil and trouble. That might as well be the new theme for the American economy. Washington, the White House, Congress, housing agencies, and the Fed, none of them have learned from the housing bubble of 2007-08.

10/16/2015
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Op-ed Placement

The Fed, the White House and Congress are setting up the next financial bubble

My 13-year-old son told me at the dinner table the other day that Franklin Roosevelt was one of America’s “greatest presidents” because “he ended the Great Depression.” He’s usually a good student, so I checked where he got this tripe and sure enough the fairy tale was right there in his American history book.

10/11/2015
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Blog

The Fed Is Hurting the Economy - Audit It Now!

The business world is all abuzz with rumors and guesses about what the Federal Reserve may or may not do in the next couple of months. The Fed has given indications that it plans to raise interest rates in the near future, but after markets experienced significant turbulence, many investors are now betting that the Bank will hold off and keep interest rates low through the end of the year.

08/31/2015
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Blog

Inspector General McCarthy Testifies: Ex-Im Bank No Worse Than Any Government Agency

On June 11th, the US House of Representatives Oversight and Government Reform Subcommittee on Health Care, Benefits, & Administrative Rules held a hearing on the fraud, waste, and abuse within the Ex-Im Bank. The witness was Acting Inspector General for the Ex-Im Bank, Michael McCarthy, who left me uneasy and disappointed leaving the hearing.

06/16/2015
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Blog

Senator Bob Corker Wants To Stop Audit the Fed

Senator Bob Corker (R-Tenn.) could be one of the biggest obstacles to passing audit the Fed in the Senate. As a member of the Senate Committee on Banking, Housing, and Urban Affairs, Senator Corker has been an outspoken opponent of the Federal Reserve Transparency Act.

04/01/2015

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