Federal Reserve

Ron Paul’s House Subcommittee to Examine Fractional Reserve Banking

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WASHINGTON, DC – Congressman Ron Paul, Chairman of the Domestic Monetary Policy and Technology Subcommittee, announced today that the subcommittee will hold a hearing this week to examine fractional reserve banking. “Fractional reserve banking underpins the entire banking system, yet its effects on society are completely ignored,” Paul stated. “Our financial system consists of vast […]

Ron Paul: End the Fed and Restore Sound Money

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by Ron Paul Last week I held a hearing to examine the various proposals that have been put forth both to mend and to end the Fed. The purpose was to spur a vigorous and long-lasting discussion about the Fed’s problems, hopefully leading to concrete actions to rein in the Fed. First, it is important […]

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