Ron Paul appeared on Fox Business to discuss the SEC “secrecy” loophole that somehow made its way into the Dodd/Frank financial reform bill. After learning about the loophole from Fox News, Ron Paul quickly introduced H.R. 5970, the “SEC Transparency Act of 2010“, which would repeal the loophole. Ron Paul also pointed out that big [...]
More Power for the Fed by Ron Paul Last week I was pleased to see my Republican colleagues take up the cause to fully and completely audit the Federal Reserve by including my language from the Federal Reserve Transparency Act in a Motion to Recommit the financial regulation reform bill. Although this effort was defeated [...]
Secret debts incurred by central bankers without the consent of the people should be declared null and void, argues Ron Paul in his latest Texas Straight Talk update. Date: 05/17/2010 The Government as Identity Thieves by Ron Paul The spotlight remains on the Greek sovereign debt crisis as the riots continue. The terms of the [...]
Why the Fed Likes Independence by Ron Paul Last week it was revealed that when Treasury Secretary Tim Geithner was Chairman of the New York Federal Reserve, he urged AIG officials not to disclose to the Securities Exchange Commission relevant details of agreements with banks to bail out Goldman Sachs. Apparently he felt at the [...]
Congressman Ron Paul issued the following statement regarding recent revelations that then New York Fed Chair Timothy Geithner urged AIG to avoid disclosing to the SEC details of agreements with banks that bailed out credit default swap counterparties such as Goldman Sachs: “The new details revealed today regarding AIG’s bailout in 2008 come as no [...]
Download the column as an MP3 file here (3:53 minutes). The Real Reasons Behind Fed Secrecy by Ron Paul Last week I was very pleased that the Financial Services Committee held a hearing on the Federal Reserve Transparency Act, HR 1207. The bill has 295 cosponsors and there is also strong support for the companion [...]
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