Federal Reserve Board Abolition Act
From OpenCongress Wiki
|This article is a stub. You can help by expanding it.|
The Federal Reserve Board Abolition Act is a bill that has been introduced by Rep. Ron Paul (R-Texas) in the 106th, 107th, 108th, 110th and 111th Congresses. If passed, the bill would abolish the Federal Reserve Board.
In its most recent version, in the 111th Congress, 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.
- Main article: Federal Reserve Board Abolition Act of 2009
Introduced in multiple congresses
Articles and resources
- ↑ THOMAS 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. "Abolish the Federal Reserve," U.S. House of Representatives. September 10, 2002.
- Ron Paul. "Statement on Federal Reserve Board Abolition Act", U.S. House of Representatives. February 3, 2009