The Federal Reserve’s days may be numbered, if Congress is willing to act.
Representative Thomas Massie (R-Ky.) reports he has introduced “H.R. 1846, the Federal Reserve Board Abolition Act.”
Massie report his legislation “abolishes the Board of Governors of the Federal Reserve and the Federal Reserve banks.”
“It also repeals the Federal Reserve Act, the 1913 law that created the Federal Reserve System,” Massie reports. Senator Mike Lee (R-Utah) leads the companion bill in the United States Senate, S. 869.
“Americans have suffered under crippling inflation, and the Federal Reserve is to blame,” said Massie. “During COVID, the Federal Reserve created trillions of dollars out of thin air and loaned it to the Treasury Department to enable unprecedented deficit spending. By monetizing the debt, the Federal Reserve devalued the dollar and enabled free money policies that caused high inflation.”
“Monetizing debt is a closely coordinated effort between the Federal Reserve, Treasury Department, Congress, Big Banks and Wall Street,” said Massive. “Through this process, retirees see their savings evaporate due to the actions of a central bank pursuing inflationary policies that benefit the wealthy and connected. If we really want to reduce inflation, the most effective policy is to end the Federal Reserve.”
“The Federal Reserve has not only failed to achieve its mandate, it has become an economic manipulator, directly contributing to the financial instability many Americans face today,” said Lee. “We need to protect our economic future, end the monetization of federal debt that fuels unchecked federal spending, and put American money on solid ground. We need to End the Fed.”
Original cosponsors of Rep. Massie’s legislation include Rep. Andy Biggs (R-Ariz.), Rep. Lauren Boebert (R-Colo.), Rep. Eric Burlison (R-Mo.), Rep. Kat Cammack (R-Fla.), Rep. Michael Cloud (R-Texas), Rep. Eli Crane (R-Ariz.), Rep. Marjorie Taylor Greene (R-Ga.), Rep. Harriet Hageman (R-Wyo.), Rep. Scott Perry (R-Pa.), Rep. Chip Roy (R-Texas).
“The Federal Reserve Board Abolition Act was first introduced by former Representative Ron Paul (R-Texas) in 1999 and hasn’t been reintroduced since 2013,” Massie notes.
“In addition to introducing this legislation to ‘End the Fed,’ Rep. Massie has also introduced H.R. 24, the Federal Reserve Transparency Act of 2025 to audit the Federal Reserve. H.R. 24 was originally introduced by former Representative Ron Paul (R-Texas) in 2009,” Massie adds.
The opinions expressed in this article are those of the author and do not necessarily reflect the positions of American Liberty News.
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About Time. The “Feds” are corrupt. Lets get rid of them.
Needed awesome Hooray & reuse Fed Hq for other uses
About time.
He needs to go public that he is healthy and not suicidal.
And get Secret Service protection.
And to start an investigation if he dies in mysterious circumstances .
The stakes here are big enough for organizations to let loose their paid assassins to keep the status quo.