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New Bill Passed To Audit The Federal Reserve

(CitizensOutpost) The House panel just approved a new bill that would create a government watchdog group that would audit the Federal Reserve’s policy decisions. ┬áSimilar bills have been passed before, but failed to gain traction in the Senate due to Democratic-led opposition. ┬áSimultaneously, Senator Rand Paul (R-KY) has introduced similar legislation in the Senate in […]

U.S. News

The slowing begins: Foreign Banks Retreating from Lending to U.S.

(CitizensOutpost) As previously reported, The Fed has increased interest rates by a quarter of a percent in an effort to spark inflation. ┬áSeemingly in anticipation of this change, the first week of March has already recorded a 0.75% drop in foreign-related loans and leases: The contraction of foreign loans comes at a time when loan […]