by Jane Richey | Nov 1, 2013 | Fiscal Responsibility, Free Markets
There’s still no end in sight for the Federal Reserve’s stimulus program — known as quantitative easing — after the central bank met this week and decided to continue buying $85 billion in bonds each month. In a statement released after the...
by Jane Richey | Jul 18, 2013 | Fiscal Responsibility, Politics
Rep. Michele Bachmann (R-Minn.) on Wednesday night said the Treasury Department is lying to Americans about the size of the federal debt since it has not changed significantly for the last few months even though the government continues to borrow. Bachmann cited a...
by Jane Richey | Jul 18, 2013 | Constitutionally Limited Goverment, Free Markets
House Financial Services Committee Chairman Jeb Hensarling (R-Tex.) told Federal Reserve Chairman Ben Bernanke at a hearihg Wednesday that his power to move markets is “not healthy” for the U.S. economy, while Bernanke blamed inaction in Congress for the nation’s...
by Jane Richey | May 29, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great...
by Jane Richey | May 23, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
Federal Reserve Chairman Ben Bernanke on Wednesday said the economy must show signs of sustained improvement before the central bank will curtail its long-running monetary stimulus program. Bernanke offered no timeline as to when the Fed would begin reducing purchases...