Federal Reserve Board Abolition Act of 2009
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The Federal Reserve Board Abolition Act (H.R. 833) was introduced by Rep. Ron Paul (R-Texas) on February 3, 2009, and was then referred to the Committee on Financial Services. If passed, the bill would abolish the Federal Reserve Board.
|Article summary (how summaries work)|
The bill would, one year from its enactment, abolish the Board of Governors of the Federal Reserve System and each Federal reserve bank and repeal the Federal Reserve Act. All outstanding liabilities of the Federal Reserve remaining at the time of its abolition would be assumed by the Department of the Treasury.
Articles and resources
- ↑ THOMAS' page on H.R.833.
- ↑ OpenCongress' info page on H.R. 833.
- ↑ THOMAS page on H.R.1148.
- ↑ THOMAS page on H.R.5356.
- ↑ THOMAS page on H.R.2778.
- ↑ THOMAS page on H.R.2755.
- Ron Paul. "Statement on Federal Reserve Board Abolition Act", U.S. House of Representatives. February 3, 2009