As we attempt to recover from the economic devastation wrought by the pandemic and the government’s authoritarian response to it, restoring a sound monetary policy may not be near the top of lawmakers’ priorities -- but it should be. With record rates of deficit spending and a record-shattering Federal Reserve balance sheet, it should be no surprise that the dollar’s value is at an all time low when compared to the value of gold. None of this is setting the stage for a rapid recovery, or for robust growth thereafter.

It is no secret that limited-government proponents dislike the Federal Reserve, or “the Fed,” and the influence that this central bank wields. It attempts to “play God” in our economy by its control over monetary policy and almost always does far more harm than good. What could not be more secretive currently, though, is the way that the Fed operates. Fortunately, there is significant support in Congress for a bill -- the Federal Reserve Transparency Act -- that would require a Government Accountability Office (GAO) audit of the Fed.

FreedomWorks is proud to honor Rep. Jody Hice (R-Ga.) as our member of the month for March of 2019. Rep. Hice serves the people of Georgia’s Tenth Congressional District, which encompasses most of the territory between Atlanta and Augusta. Rep. Hice was first elected in the 2014 midterm elections.

On behalf of FreedomWorks’ activist community, I urge you to contact your senators and urge them to cosponsor the Federal Reserve Transparency Act, S. 148, if they haven’t already done so. 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.

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.

FreedomWorks is proud to honor Rep. Thomas Massie (R-Ky.) as our member of the month for January of 2019. Rep. Massie serves the people of Kentucky’s fourth congressional district, which encompasses the northernmost part of the state, running along the Ohio River. His district includes suburbs of Cincinnati and Louisville, and a small portion of the city of Louisville itself.

President Trump is upset with the…let’s call them, 'happenings' at the Fed. While his opinions on interest rates have changed over the past two years, his opinion of their infamous lack of oversight has remained constant since he endorsed the idea on his 2016 campaign.

1) Video of the Week: This video details 25 government regulations that wildly overstep the bounds of proper, constitutional governance.

Over the past several years, there has been a move to make college campuses an ideological bubble where only preferred and pre-approved perspectives are allowed, known as “safe spaces.” It seems this line of thinking is not only on college campuses as some of our politicians have been calling for that as well. Most recently, Chairwoman of the Federal Reserve Janet Yellen openly suggested turning the Federal Reserve into a safe space.

On behalf of FreedomWorks’ activist community, I urge you to contact your senators and urge them to cosponsor the Federal Reserve Transparency Act, S. 16, introduced by Sen. Rand Paul (R-Ky.). This important piece of legislation would require a full audit of the Federal Reserve by the Government Accountability Office. FreedomWorks has already released a letter of support for the House version of the Federal Reserve Transparency Act, H.R. 24, introduced by Rep. Thomas Massie (R-Ky.).