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  2. End the Fed - Wikipedia

    en.wikipedia.org/wiki/End_the_Fed

    End the Fed. End the Fed is a 2009 book by Congressman Ron Paul of Texas. The book debuted at number six on the New York Times Best Seller list [1] and advocates the abolition of the United States Federal Reserve System "because it is immoral, unconstitutional, impractical, promotes bad economics, and undermines liberty." [2]

  3. Criticism of the Federal Reserve - Wikipedia

    en.wikipedia.org/wiki/Criticism_of_the_Federal...

    The Federal Reserve System, commonly known as "the Fed," has faced various criticisms since its establishment in 1913. Critics have questioned its effectiveness in managing inflation, regulating the banking system, and stabilizing the economy. Notable critics include Nobel laureate economist Milton Friedman and his fellow monetarist Anna ...

  4. Federal Reserve Transparency Act - Wikipedia

    en.wikipedia.org/wiki/Federal_Reserve...

    The Federal Reserve Transparency Act of 2015 ( H.R. 24) was a bill introduced in the U.S. House of Representatives of the 114th United States Congress by Congressman Thomas Massie ( KY-4 ). It included proposals for a reformed audit of the Federal Reserve System (the "Fed"). The Senate version was introduced by Senator Rand Paul ( R - KY ).

  5. Fed typically waits for a crisis to make 'inter-meeting' cuts ...

    www.aol.com/fed-typically-waits-crisis-inter...

    The calls for the Fed to do so before its next meeting on Sept. 17-18 got louder Monday during the worst one-day rout for the stock market since 2022. There is a "strong case to act before ...

  6. When’s the next Federal Reserve meeting? The FOMC — and how ...

    www.aol.com/finance/when-is-next-fed-meeting...

    July FOMC meeting recap: Fed holds benchmark rate unchanged for eighth — and likely final — time since July 2023. At the conclusion of its fifth rate-setting policy meeting of 2024 on July 31 ...

  7. Powell says he will stay at Fed through end of term as chair

    www.aol.com/news/powell-says-stay-fed-end...

    While his term as chair expires in early 2026, his position as a Fed governor continues until Jan. 31, 2028, although it would be unusual for a former chair to retain a board seat after leaving ...

  8. History of the Federal Reserve System - Wikipedia

    en.wikipedia.org/wiki/History_of_the_Federal...

    The Federal Reserve System is the third central banking system in United States history. The First Bank of the United States (1791–1811) and the Second Bank of the United States (1817–1836) each had a 20-year charter. Both banks issued currency, made commercial loans, accepted deposits, purchased securities, maintained multiple branches and ...

  9. The Fed inches closer to inevitable cuts: Morning Brief - AOL

    www.aol.com/finance/fed-inches-closer-inevitable...

    Economic data releases and earnings. The Fed is delivering on rate cut hopes. The initial reactions from analysts and investors following Wednesday's meeting, statement, and press conferences ...