Federal Reserve Abolition Act: A Trojan Horse for Socialist Central Planning
When both Representative Thomas Massie (R-Ky.) and Senator Mike Lee (R-Utah) reintroduced the Federal Reserve Board Abolition Act (H.R. 1846 and S. 869) in 2025, they took a crucial first step toward restoring American economic sovereignty. Their legislation would repeal the Federal Reserve Act of 1913 and completely abolish both the Board of Governors of…