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April 18, 2011
Budget Cuts are Meaningless Without Fed Transparency
Congress focused on issues surrounding government spending this week as talk of deficits, the national debt, and the debt limit saturated the airwaves. This is a positive development. In years past, there was very little concern over how much was spent here in Washington, how it was spent, or how much of our gross domestic product was being consumed by government. That blissful ignorance naturally resulted in decades of government...
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March 31, 2011 Statement on Libya- Defining U.S. National Security InterestsForeign Affairs Committee, US House of Representatives31 March 2011 Rep. Ron Paul, M.D. Madame Chairman: The American people have once again been suckered into an unconstitutional, undeclared, illegal, and unwise war. This is not a war in response to an attack on the United States. This is not a war against a regime that has threatened the United States. This is a preventative war. The president never claimed that any large-scale slaughter of ... View More |
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April 2, 2011 Paul Condemns Fed Lending Practices Disclosed by Bloomberg LawsuitFor Immediate Release Inquiries: Rachel Mills 202.280.8781 April 2, 2011 Washington, DC – More details are coming to light regarding lending practices by the Federal Reserve Bank since the 2008 financial crisis, as the Fed was forced to release 29,000 pages of documents following a lawsuit brought by Bloomberg LLC under the Freedom of Information Act. Perhaps the most startling revelation so far is the extent of lending activities to foreign banks. “What I had suspected is now confirmed – the Fed gave money to foreign banks during and since the crisis of 2008. I was surprised and deeply disturbed, however, to learn the staggering ... View More |
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March 29, 2011 Congressman Paul Returns Unused Portion of Office Budget to US TreasuryWashington, DC: Congressman Ron Paul has returned $141,580 of unspent office funds to the US Treasury. This represents just over 9% of the total office funds, and an increase over the $100,000 returned last year. "Since my first year in Congress I have managed my office in a frugal manner, instructing staff to provide the greatest possible service to the people of the 14th district at the least possible cost to taxpayers," said Paul. The surplus funds are intended to go towards paying down the national ... View More |
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March 11, 2011 Paul Announces Hearing on Monetary Policy and Rising PricesWashington, DC: Congressman Ron Paul, Chairman of the Domestic Monetary Policy and Technology subcommittee, announced that the subcommittee will hold a hearing to examine the relationship between monetary policy and rising prices (with a particular focus on food and energy prices). The hearing is scheduled for Thursday, March 17th at 10:00 AM, in room 2128 of the Rayburn House office building. “It is unconscionable that published government statistics mislead Americans regarding the true rate of price inflation, which is much higher than commonly-reported CPI numbers,” Paul stated. “It is also unconscionable that Federal Reserve Bank officials continue to deny the effects of ... View More |
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February 10, 2011 Galveston’s 6th Annual Oceans of Opportunities Job FairCongressman Ron Paul is pleased to collaborate with the community of Galveston for the Sixth Annual Oceans of Opportunities Job Fair. The free event will be held Feb. 23 and aims to connect job seekers with employers. The Job Fair will be held Feb. 23 at the Galveston Island Convention Center, located at 5600 Seawall Blvd. The event will be held from 9 a.m. to 2 p.m. and is free for both employers and job seekers. In order to participate, employers must register at www.wrksolutions.com/oceans.html. Job seekers are encouraged to dress professionally and bring polished copies of their resume as some ... View More |
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January 26, 2011 Audit the Fed ReintroducedWashington, DC – Congressman Ron Paul (TX-14) today introduced HR 459, The Audit the Fed Bill to the 112th Congress. This legislation is very similar to HR 1207 from the 111th Congress and calls for a full and complete audit of the Federal Reserve by the Government Accountability Office, to be reported to Congress by the end of 2012. HR 1207 garnered broad bi-partisan support with 320 cosponsors in the 111th Congress, and was attached (but removed in conference) as an amendment to the Dodd-Frank Financial Reform Bill. In response to unprecedented public interest in the activities of the Federal ... View More |
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December 9, 2010 Paul Appointed Chairman of Domestic Monetary Policy SubcommitteeFor Immediate Release December 9, 2010 Washington, D.C. - Congressman Ron Paul has been appointed to head the Domestic Monetary Policy Subcommittee of the House Financial Services Committee in the 112th Congress. The subcommittee has jurisdiction over monetary policy, currency, commodity prices, and matters related to the Federal Reserve Bank ... View More |
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July 29, 2010 Paul Introduces SEC Transparency ActView More |
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