Push For Federal Reserve Transparency
For more details on this topic, see Federal Reserve Transparency Act.The Campaign for Liberty's first major policy initiative involves pushing support for HR 1207, a bill that calls for more transparency of the Federal Reserve. Also called the Federal Reserve Transparency Act of 2009, HR 1207 was introduced in the U.S. House of Representatives of the 111th United States Congress by Campaign For Liberty's Honorary Chairman, Congressman Ron Paul (TX-14). The bill proposes a reformed audit of the Federal Reserve System (the "Fed") before the end of 2010. As of May 25, 2010, it has 319 cosponsors and has been referred to the Committee on Financial Services. A Senate version is called the Federal Reserve Sunshine Act of 2009 (S.604) and currently has 30 Cosponsors. A related bill uses the same two names in reverse order.
The official Campaign for Liberty website encourages members to lobby in support of the bill. Following a link on the homepage, users are brought to the Audit the Fed website devoted exclusively to this effort.
Read more about this topic: Campaign For Liberty
Famous quotes containing the words push, federal, reserve and/or transparency:
“He made for the door, automatically resuming his glasses and leaving in front of her, on the floor, his right slipper in token of his speedy return. Then, his desire exposed and his eyes wicked behind their strong lenses, he attempted to push her toward the bed.”
—Vladimir Nabokov (1899–1977)
“Goodbye, boys; I’m under arrest. I may have to go to jail. I may not see you for a long time. Keep up the fight! Don’t surrender! Pay no attention to the injunction machine at Parkersburg. The Federal judge is a scab anyhow. While you starve he plays golf. While you serve humanity, he serves injunctions for the money powers.”
—Mother Jones (1830–1930)
“We must reserve a back shop all our own, entirely free, in which to establish our real liberty and our principal retreat and solitude.”
—Michel de Montaigne (1533–1592)
“Life is filigree work.... What is written clearly is not worth much, it’s the transparency that counts.”
—Louis-Ferdinand Céline (1894–1961)