Rep. Thomas Massie (R-Ky.) has introduced legislation to end the Federal Reserve, the U.S. central bank responsible for managing the country’s financial and banking system. The move comes amid growing concerns over crippling inflation, which Massie and his supporters attribute largely to the Federal Reserve's actions during the COVID-19 pandemic. They argue that the creation of trillions of dollars and subsequent loans to the Treasury Department enabled unprecedented deficit spending. The bill has garnered support from several co-sponsors, including Rep. Rosendale and Rep. Keith Self.
You bet I co-sponsored! @RepThomasMassie End the Fed! https://t.co/kLTREWZsY1
Proud to be a co-sponsor of this bill. END THE FED‼️ https://t.co/hSQDxVmzEu
#EndTheFed 🧵 : Americans are suffering under crippling inflation, and the Federal Reserve is largely to blame. 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.
Rep. #ThomasMassie (R-Ky.) has introduced legislation to end the #FederalReserve, the U.S. central bank responsible for managing the country’s financial and banking system. https://t.co/YfMW6uZ7b7
End the Fed. https://t.co/LGW1QiKcGr