A refusal to take seriously the importance of monetary policy has put us in a bad situation. The Federal Reserve, unelected and free of Congressional oversight, possess an outrageous amount of regulatory power over our federal banking system.
Despite this power, the Federal Reserve would prefer to keep its books secret. Congress created the Federal Reserve. The Federal Reserve should have answer to Congressional inquiry. Don’t the American people have a right to know what’s being done with America’s money?
We can’t remain a free republic if such awesome economic power is left in the hands of a few. We can’t have a federal banking system that shrouds all of its actions from us while dictating where the dollar goes.
Transparency and oversight must be established.
I will fight for a full and complete audit of the Federal Reserve.