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Issue Analysis

Issue Brief: The Genius of Stable Money

"...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
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Blog

Sound Money Caucus Looks to Bring Needed Attention to Monetary Policy

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.

08/05/2020
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Op-ed Placement

Your Move, Gold Critics: Please Explain What Money Is

BY John Tamny

Owners of Bitcoin have endured a wild ride in recent years. While the coin could fetch $900 when 2017 began, one year later its value briefly moved above $20,000. At present, one Bitcoin exchanges for roughly $5,000.

04/09/2019
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Blog

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

On behalf of FreedomWorks’ activist community, I urge you to contact your representative and urge him or her to cosponsor the Federal Reserve Transparency Act of 2017, H.R. 24, introduced by Rep. Thomas Massie (R-Ky.). The Federal Reserve Transparency Act, which already boasts 44 cosponsors, would require a full audit of the Federal Reserve by the Government Accountability Office.

01/04/2017
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Blog

If You Build the Blockchain, Regulators Will Come

The hardest part of drafting any new regulation is establishing a definition. In fact, most of the policy work is in the definition and there are alarmingly few policy considerations after something is defined as a covered entity. The definition of cryptocurrency has already proved problematic for regulators. Essentially, to commodities regulators, virtual currency is a commodity. For bank regulators, it is a bank. For securities regulators, it is a security. For those who regulate money transmitters, it is a money transmitter. For the purpose of property taxes, it is a property. Everyone wants a stake in the new world of virtual currency.

07/12/2016
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Key Vote

FreedomWorks Key Vote YES on the Federal Reserve Transparency Act, S. 2232

As one of our over 6.9 million FreedomWorks activists nationwide, I urge you to contact your Senators and ask them to vote YES on the Federal Reserve Transparency Act of 2015, S. 2232. This bill would eliminate the current audit restrictions placed on the Government Accountability Office (GAO) and require a full and thorough audit of the Federal Reserve.

01/11/2016
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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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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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Blog

Tell Your Senators: Support Audit the Fed

As one of our more than 6.9 million FreedomWorks members nationwide, I urge you to contact your senators today and ask them to support S.264, the Federal Reserve Transparency Act of 2015. Introduced by Sen. Rand Paul (R-Ky.), the bill would eliminate the current audit restrictions placed on the Government Accountability Office (GAO) and require a full and thorough audit of the Federal Reserve.

02/17/2015
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Blog

Tell Your Representative: Support Audit the Fed

As one of our more than 6.9 million FreedomWorks members nationwide, I urge you to contact your representative today and ask him or her to support H.R. 24, the Federal Reserve Transparency Act of 2015. Introduced by Rep. Thomas Massie (R-Ky.), the bill would eliminate the current audit restrictions placed on the Government Accountability Office (GAO) and require a full and thorough audit of the Federal Reserve.

02/17/2015

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