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Federal Reserve

Steve Forbes Speaks At Auburn

By Brandon Moseley Alabama Political Reporter Auburn Conservatives for Tomorrow (ACT) and Young America’s Foundation hosted former Republican Presidential candidate Steve Forbes on Friday, March 21, 2014 at the new Auburn Arena. Forbes told reporters that the economy is getting better but it is still not as strong a recovery as it should have been.  … Continued
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March 31, 2014

Mike Rogers Urges Yelen to Audit the Fed

By Brandon Moseley Alabama Political Reporter Former Congressman and Presidential candidate Representative Ron Paul (R) from Texas has long advocated (under both Democratic and Republican administrations) that the U.S. Federal Reserve System be audited.  The de facto National Bank is charged with managing the money supply.  The dollar bills in our wallets are “Federal Reserve … Continued
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January 24, 2014

Shelby Says that Federal Reserve has Engaged in “A Backdoor Stimulus Program through Monetary Policy”

By Brandon Moseley Alabama Political Reporter U.S. Senator Richard Shelby of Alabama voted on Monday against the nomination of Dr. Janet Yellen for Chairman of the Board of Governors of the Federal Reserve System, because he disagreed with Yellen’s weak record on bank regulation and strong support for easy money policies. Senator Shelby said on … Continued
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January 9, 2014

Shelby Says Administration Should Better Explain Basel III Rules

By Brandon Moseley Alabama Political Reporter US Senator Richard Shelby (R) from Alabama questioned Federal Reserve and banking regulators from the Federal Reserve, the OCC and the FDIC about their proposed rules to implement the Basel III international accord. Sen. Shelby said, “The primary goal of Basel III is to strengthen bank capital requirements.  This … Continued
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November 15, 2012

Federal Reserve Board Delays New Banking Rules for Five Months

By Brandon Moseley Alabama Political Reporter On Friday, the Federal Reserve Board announced that they were delaying the implementation of the second phase of its program to simplify the administration of reserve requirements for banking institutions. In a written statement the Fed said that the delay will give it time for further development and testing … Continued
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October 29, 2012