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Press Release

FreedomWorks Foundation CEF Statement in Response to Fed Decision to Cut Interest Rates

03/16/2020

WASHINGTON, D.C. -- In response to the Federal Reserve Board’s decision to cut interest rates close to zero, John Tamny, FreedomWorks Foundation's Director of the Center for Economic Freedom (CEF), commented:

“Seemingly lost on the Federal Reserve is that individuals and businesses borrow money for the resources money can be exchanged for. This statement of the obvious explains rather easily why the Fed’s panicked reversion to zero will be utterly meaningless.

“With economies around the world increasingly locked down, production is set to decrease, and with the downdraft, fewer resources will be produced. The Fed can’t alter this reality, anymore than New York City’s Mayor de Blasio can decree expensive apartments cheap. It seems central bankers are joined by young children in their naive belief that artificial price controls result in cheap abundance.”

Tags Center for Economic Freedom, CEF, the fed, federal reserve, interest rates, Coronavirus, Economy

Blog

Trump Appointed Judge Throws a Wrench in Biden’s Yes-and-No Fracking Policy

BY Alessandro Silvia

Since President Biden’s first week in office, he has fulfilled his campaign promise of suspending the program of leasing federal land for oil and gas production through his direction of the Department of the Interior. However, Monroe U.S. District Court Judge Terry A. Doughty, appointed during the Trump administration, issued a preliminary injunction to block the pausing of new oil and gas leases claiming Biden is overstepping his power and that it must be done with congressional approval.

06/18/2021

Blog

Support the Lessening Regulatory Costs and Establishing a Federal Regulatory Budget Act, H.R. 968

BY Adam Brandon

On behalf of our activist community, I urge you to contact your representative and ask him or her to support the Lessening Regulatory Costs and Establishing a Federal Regulatory Budget Act, H.R. 968. Introduced by Rep. Ted Budd (R-N.C.), the Lessening Regulatory Costs and Establishing a Federal Regulatory Budget Act would ensure that for every significant regulation created two are eliminated and that the total cost of regulations does not increase.

05/21/2021

Blog

Support the Federal Reserve Transparency Act, S. 573

BY Adam Brandon

On behalf of FreedomWorks’ activist community, I urge you to contact your senators and urge them to cosponsor the Federal Reserve Transparency Act, S. 573. Introduced by Sen. Rand Paul (R-Ky.), the Federal Reserve Transparency Act would require a full audit of the Federal Reserve by the Government Accountability Office.

03/04/2021

Blog

Support the Federal Reserve Transparency Act, H.R. 24

BY Adam Brandon

On behalf of FreedomWorks’ activist community, I urge you to contact your representative and urge them to cosponsor the Federal Reserve Transparency Act, H.R. 24, if he or she hasn’t already done so. Introduced by Rep. Thomas Massie (R-Ky.), the Federal Reserve Transparency Act would require a full audit of the Federal Reserve by the Government Accountability Office.

01/25/2021

Key Vote

Key Vote YES on the Nomination of Judy Shelton to the Federal Reserve Board of Governors

BY Adam Brandon

On behalf of FreedomWorks’ activist community, I urge you to contact your senators and ask them to vote YES on the nomination of Judy Shelton to join the Board of Governors of the Federal Reserve.

11/16/2020

Key Vote

Key Vote NO on the Heroes Act 2.0, H.Amdt. to S.Amdt. to H.R. 925

BY Adam Brandon

On behalf of our activist community, I urge you to contact your representative and ask him or her to vote NO on House Democrats’ new Heroes Act 2.0, the H.Amdt. to the S.Amdt. to H.R. 925. The vote on the Heroes Act 2.0 comes at a time when House Speaker Nancy Pelosi (D-Calif.) and Senate Minority Leader Chuck Schumer (D-N.Y.) have refused to negotiate in good-faith with the White House on another COVID-19 relief package. Although Pelosi and Schumer have lowered their top-line price tag for another COVID-19 relief package to $2.2 trillion from $3.5 trillion, the $2.2 trillion demand is still nearly $1 trillion higher than what President Trump will sign.

09/30/2020

Blog

Trump Appointee of the Week: FCC Chairman Ajit Pai

BY Daniel Savickas

Welcome to FreedomWorks’ latest blog series, Trump Appointee of the Week! From now until Election Day, we will highlight one of President Trump’s political appointees and their accomplishments. Check back every other week for the next edition and let us know who you want to see named the next Trump Appointee of the Week!

09/17/2020

Issue Analysis

Issue Brief: The Genius of Stable Money

BY John Tamny

"...the ultimate issue that any smart politician would choose to lead and speak on is ensuring that these dollars hold their value over time. Reestablishing policies that will stabilize our currency and promote prosperity in every corner of America is the surefire way to achieve such an end. This is called 'sound money.'"

09/15/2020

Press Release

FreedomWorks Statement in Response to August 2020 Jobs Numbers

BY Peter Vicenzi

WASHINGTON, D.C. -- In response to the report this morning from the Bureau of Labor Statistics that shows that U.S. unemployment fell to 8.4 percent during the month of August, 2020, Steve Moore, Chairman of the FreedomWorks Task Force on Economic Revival, commented:

09/04/2020

Blog

Pelosi’s Hairstyle Hypocrisy Begs for Economic Reopening

BY Jason Pye

Speaker Nancy Pelosi (D-Calif.) is under fire for visiting a hair salon in San Francisco in violation of a city ordinance. Hair salons have been shut down in San Francisco since March but opened on September 1 for outdoor business. Pelosi visited on Monday, a day before the scheduled reopening. Video of her visit, released by the store owner, shows the Speaker walking around inside the salon without a mask covering her face, also in violation of city ordinance.

09/03/2020