Issue Position: Federal Reserve Bank

Issue Position

I support a full audit of the Federal Reserve.

During the 1970's Congress imposed a dual mandate on the Federal Reserve charging the institution with maintaining low and stable prices, and full employment.

The dual mandate has required the Fed to pursue unconventional monetary policy in response to the housing and banking crisis of 2008-2009, the so called Quantitative Easing, or QE program.

With nearly four trillion dollars printed, and six years of a zero interest rate policy, the Federal Reserve has significantly raised the risk level of America's financial services sector and therefore for the whole economy.

As your Congressman, I will fight for a proper audit of the Federal Reserve Bank, and will work to end the Fed's dual mandate.

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