Money is the basis of every transaction we make, and is therefore one of the most crucial elements in maintaining a strong economy. It is therefore vital that we preserve sound money that is not subject to sudden fluctuations in value. That’s why we support the freedom of Americans to use anything they like as money, and the power of free markets to set interest rates instead of the central authority of the Federal Reserve.
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Similar to President Trump Opens a New Window. , Stephen Moore is an anti-establishment voice and critic of the D.C. swamp. It should come as no surprise that economists who never stray from mainstream, “acceptable” positions on the role of the Federal Reserve Opens a New Window. are also vehemently opposed to Moore’s nomination to the Federal Reserve Board of Governors. After all, to challenge the Fed’s orthodoxy is to challenge the Washington establishment.
President Trump recently nominated Stephen Moore to the Federal Reserve’s Board of Governors, the most qualified and skilled Fed board candidate in years.
WASHINGTON, D.C. -- In response to President Trump’s offer to Stephen Moore, FreedomWorks Senior Economic Contributor, to join the Federal Reserve Board, FreedomWorks President Adam Brandon, commented:
“Businesses, like people, seldom if ever fail solely because of lack of money. They fail because of a lack of ability, judgment, wisdom, ideas, organization, leadership. When these qualities are present, money is seldom a problem.” – Warren Brookes, The Economy In Mind
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.
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.
Democrats froth at the mouth to take on President Trump in 2020 because he’s demolishing President Obama’s tax-spend-and-regulate everything legacy. Even though Democrats lost in 2016 by proudly championing big government, rumored 2020 presidential candidates Senator Bernie Sanders (I-Vt.) and Senator Kirsten Gillibrand (D-N.Y.) think bigger government will work this time around.
On behalf of our activist community, I urge you to contact your senators and ask them to cosponsor limited government legislation that has been introduced the in the Senate. For purposes of FreedomWorks’ 2018 Congressional Scorecard, cosponsors will be treated as YES votes.
When Donald Trump was elected last November, the dollar rallied. Although the New Yorker had given mixed signals about currency policy throughout his presidential campaign, the price of an ounce of gold (historically the best proxy for the dollar’s value) closed the month down more than $100.
