Kudos to Danny Vinik, with his shiny 2013 degree in economics and public policy from Duke University, for wanting to push Janet Yellen to address what he calls the GOP’s “implicit” support of a gold standard in its party platform. The last of
The political firepower generated by Sen. Rand Paul’s Audit the Fed bill is now giving new attention to an alternative or potentially complimentary political response: to shift power from the New York Federal Reserve Bank to other regional Federal Reserve Banks. The
Larry Kudlow reports on the dinner at which Giuliani made news by dissing President Obama’s love for America. His new Committee to Unleash American Prosperity wants us to return to the first principles of economic growth: It was the second event sponsored by the
With “Audit the Fed” being described as the “direst threat” to the Fed since Dodd-Frank, it’s worth while noting the mounting number of horrid consequences to actual people who need to make a living, especially from the federalization of banks. Today’s Wall
Five of twelve regional Fed presidents have formally opposed Audit the Fed, and now Reuters reports: A Reuters survey of 24 state banking groups has found that four are actively opposed to Audit the Fed and five would probably take a stand against the
Steve, Rand Paul never predicted hyperinflation. He expressed two passing statements of concern in two obscure venues. That by no means constitutes a prediction. Moreover, Paul received a number of plaudits, not just critiques for his leadership on Audit the Fed. In addition to John Tamny’s
This is not another in a long line of often vitriolic attacks on Senator Rand Paul for his temerity to propose “auditing the Fed.” As is by now well-recognized, his proposal (S. 264, “The Federal Reserve Transparency Act of 2015”) is not
Breaking from libertarian orthodoxy, Sen. Rick Santorum endorsed a modest raise to $8.75 in the minimum wage over three years to show voters Republicans care about stagnant wages. “I’m not for what Barack Obama wants to do,” he told the Missouri Republican
