Breaking the Bank: Sen. Lee Introduces Bill to Abolish the Federal Reserve
June 06, 2024
June 06, 2024
WASHINGTON, June 6 -- Sen. Mike Lee, R-Utah, issued the following news release:
Senator Mike Lee (R-UT) introduced the Federal Reserve Board Abolition Act, legislation that would dissolve the Board of Governors of the Federal Reserve System and the Federal Reserve banks and repeal the 1913 Federal Reserve Act, which established the System. Representative Thomas Massie (R-KY) leads the companion bill in the House of Representatives.
"The Federal Reserve has overstep . . .
Senator Mike Lee (R-UT) introduced the Federal Reserve Board Abolition Act, legislation that would dissolve the Board of Governors of the Federal Reserve System and the Federal Reserve banks and repeal the 1913 Federal Reserve Act, which established the System. Representative Thomas Massie (R-KY) leads the companion bill in the House of Representatives.
"The Federal Reserve has overstep . . .