A Quote by Steve Mnuchin
The biggest issue I have with the CFPB is that I don't believe that they should be funded out of profits from the Federal Reserve.
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When it appears as though the governors of the Federal Reserve believe that the end of the rate increases is near, that's very good news for investors. A lack of ambiguity from the Federal Reserve is always a little bit of a shocker.
We own? the Federal Reserve. There is this misconception that the Federal Reserve is some private entity. But if I might give an analogy here, we - U.S. taxpayers - own all the stock in the Federal Reserve.
Most meteorological research is funded by the federal government. And boy, if you want to get federal funding, you better not come out and say human-induced global warming is a hoax because you stand the chance of not getting funded.
I think it would be interesting to know about the Federal Reserve. I think we should audit the Federal Reserve - it's taxpayer's money that's being used there.
The dollar represents a one dollar debt to the Federal Reserve System. The Federal Reserve Banks create money out of thin air to buy Government Bonds from the U.S. Treasury...and has created out of nothing a ... debt which the American people are obliged to pay with interest.
The Federal Reserve Act requires the Federal Reserve to report annually on its operations and to publish its balance sheet weekly.
I believe our biggest issue is the same biggest issue that the whole world is facing, and that's habitat destruction.
If Congress wanted to intervene with the Federal Reserve, well, we created the Federal Reserve. We could uncreate it. But would you want Congress regulating the money supply? We'd have drowned in inflation, or gone bankrupt, decades ago.
The increase in the assets of the Federal Reserve Banks from 143 Million dollars in 1913 to 45 Billion dollars in 1949 went directly to the private stockholders of the [Federal Reserve] banks.
Paying interest on reserve balances enables the Fed to break the strong link between the quantity of reserves and the level of the federal funds rate and, in turn, allows the Federal Reserve to control short-term interest rates when reserves are plentiful.
Transparency concerning the Federal Reserve's conduct of monetary policy is desirable because better public understanding enhances the effectiveness of policy. More important, however, is that transparent communications reflect the Federal Reserve's commitment to accountability within our democratic system of government.
The financial markets are rigged by the big banks, the Federal Reserve, and the Treasury in the interests of the profits of the few big banks and the dollar's exchange value, which is the basis of U.S. power.
Abortion is a states' rights issue. Education is a states' right issue. Medicinal marijuana is a states' rights issue. Gay marraige is a states' rights issue. Assisted suicide- like Terri Schiavo- is a states' rights issue. Come to think of it, almost every issue is a states' rights issue. Let's get the federal government out of our lives.
I was Chairman of the Federal Reserve Bank of Kansas City. As you know, there are twelve banks and they have their citizens board, and I got elected to the Fed Chairmanship for the Federal Reserve Kansas City Bank back in the mid-'90s. It might have been 1995-'96.
When it comes to the Federal Reserve, there's an awful lot of books out there; in my library, I bet I've got 200 books if I've got any on the Federal Reserve. And we don't need any more books, we need action, and that's what the Liberty Dollar did, it gave people a way to take action. Our catch phrase was you want to "make money, do good, and have fun," and people really responded to that.
The Federal Reserve is no more federal than Federal Express.
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