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Young Americans Protest the Federal Reserve
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Young Americans Protest the Federal Reserve

Over the past few years, we have seen a renewed interest in the role of the Federal Reserve. Rep. Ron Paul’s (R-Texas) presidential runs, along with the financial meltdown have directed much needed attention to the central bank. The American people are finally waking up to the giant elephant in the room—the Fed—which bears significant responsibility for many of the financial crises over the past century. 

06/08/2011
Federal Reserve Documents Reveal Massive Foreign Bank Bailouts
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Federal Reserve Documents Reveal Massive Foreign Bank Bailouts

Last week, the American people were finally informed on what the Federal Reserve has done with some of their money behind closed doors. It was revealed that one of the largest recipients of the Fed’s money was foreign banks during the 2008 economic downturn. We can’t say that we’re surprised. The Fed fought tooth and nail to keep these documents secret for a reason.

04/04/2011
The Federal Reserve Must Be Audited!
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The Federal Reserve Must Be Audited!

Since the Federal Reserve opened its doors in 1914, it has never been audited. It remains the most secret and least accountable operation of the federal government. Our dollar has lost 97 percent of its value since its creation. Rep. Ron Paul (R-TX) and Sen. Rand Paul (R-KY) have both introduced the Federal Reserve Transparency Act of 2011. The Federal Reserve Transparency Act would eliminate the current audit restrictions placed on the Government Accountability Office (GAO) and require a full and thorough audit of the Federal Reserve.

03/30/2011
Letter to Senate: Oppose the Nomination of Peter Diamond to Become Member of Federal Reserve Board of Governors
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Letter to Senate: Oppose the Nomination of Peter Diamond to Become Member of Federal Reserve Board of Governors

Dear Senator, FreedomWorks is a leading grassroots organizing fighting for lower taxes, less government and more freedom. I am writing to urge you to oppose President Obama’s nomination of Peter Diamond to become a Member of the Federal Reserve Board of Governors. While Peter Diamond did win the Noble Prize in economics, as Paul Krugman did, this should not be the deciding factor when considering a nominee. I urge you to take a serious look at his troubling policy positions that he has taken throughout his career.

03/07/2011
Legislators Put Pressure on Fed Chair Ben Bernanke
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Legislators Put Pressure on Fed Chair Ben Bernanke

As mandated by the Humphrey-Hawkins Full Employment Act of 1978, Federal Reserve Chairman Ben Bernanke presented a report to Congress on monetary policy on Tuesday and Wednesday. In order to assist lawmakers in developing insightful questions for the Fed chairman, FreedomWorks released a confidential memo written by our Director of Monetary Policy Dr. Judy Shelton that was obtained by The Hill newspaper.

03/02/2011
Ron and Rand Paul Introduce Audit the Fed Legislation
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Ron and Rand Paul Introduce Audit the Fed Legislation

With longtime Federal Reserve critic Rep. Ron Paul (R-TX) the chairman of the House Subcommittee on Domestic Monetary Policy and Sen. Rand Paul (R-KY) willing to lead the fight in the Senate, this is our best opportunity to pass a real Audit of the Fed. On Wednesday, the father and son duo introduced companion legislation, H.R. 459 and S.202, in both congressional chambers to require a full and thorough audit of the Federal Reserve.

01/27/2011
Good News for Sound Money: Ron Paul Will Lead Monetary Policy Subcommittee
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Good News for Sound Money: Ron Paul Will Lead Monetary Policy Subcommittee

The movement to audit the Fed won a huge victory last night. Representative Ron Paul (R-TX) who has been a leading critic of the Federal Reserve for decades will lead the Monetary Policy Subcommittee. In other words, the author of the book “End the Fed” will be overseeing the central bank. Look out Fed chairman Ben Bernanke.

12/09/2010
FreedomWorks Hosts Monetary Policy Panel
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FreedomWorks Hosts Monetary Policy Panel

Today FreedomWorks co-hosted a discussion panel with the Atlas Foundation on Capitol Hill entitled “Sound Money and America’s Global Economic Leadership”. The panel featured Dr. Judy Shelton of Atlas Foundation, Atlas Foundation President Alex Chafuen, Professor Lawrence White of George Mason University, Congressman Mike Pence (R-IN) and Congressman Paul Ryan (R-WI).

12/07/2010
Join Us For a Panel Discussion on Sound Money
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Join Us For a Panel Discussion on Sound Money

On Tuesday, December 7, 2010 from 11:30 am to 12:30 pm, FreedomWorks Foundation and Atlas Economic Research are co-sponsoring a panel discussion themed "Sound Money and America's Global Economic Leadership."

12/06/2010
The Fed Printing More Money Will Make Things Worse
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The Fed Printing More Money Will Make Things Worse

Today, Chairman Ben Bernanke gave a big speech on the Federal Reserve’s next move in Boston. During his speech, Bernanke announced yet another round of “quantitative easing”. In plain English, this means that the Fed will fire up their printing presses to create more money. This likely won’t end well.

10/15/2010

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