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:
“I’ve never seen a better seaman, but as a man he’s a snake. He doesn’t punish for discipline, he likes to see men crawl. Sometimes I’d like to push his poison down his own throat.”
—Talbot Jennings (1896–1985)
“Daniel as a lad bought a handkerchief on which the Federal Constitution was printed; it is said that at intervals while working in the meadows around this house, he would retire to the shade of the elms and study the Constitution from his handkerchief.”
—For the State of New Hampshire, U.S. public relief program (1935-1943)
“Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are cheques drawn on insufficient funds.”
—René Daumal (1908–1944)
““End of tomorrow.
Don’t try to start the car or look deeper
Into the eternal wimpling of the sky: luster
On luster, transparency floated onto the topmost layer
Until the whole thing overflows like a silver
Wedding cake or Christmas tree, in a cascade of tears.””
—John Ashbery (b. 1927)