New Year’s Resolutions for Donald Trump and Congress
Monday December 26, 2016
In the spirit of New Year’s, here are four resolutions for President-elect Trump and Congress that will enable them to really make America great again:
1) Audit the Fed….and then end it: The Federal Reserve Bank's easy money policies have eroded the American people’s standard of living and facilitated the growth of the welfare-warfare state. The Fed is also responsible for the growth in income inequality. Yet Congress still refuses to pass Audit the Fed, much less end it.
During the campaign, then-candidate Donald Trump promised that Audit the Fed would be part of his first 100 days agenda. Unfortunately, he has not spoken of auditing the Fed or another aspect of monetary policy since the election. President-elect Trump should keep his promise and work with Congress to pass Audit the Fed and finally let the American people know the truth about the Fed’s conduct of monetary policy. Then, of course, end the Fed.