Ron Paul and Economic Reform 
By Walter Sorochan Emeritus Professor San Diego State University

Posted January 30, 2011; Updated November 15, 2021.   Disclaimer The information displayed herein is intended to simplify the complexity of the global economy.

paul ron Congressman Paul has been sponsoring bills to audit the Federal Reserve Fund [ Fed Res ] ever since he first entered Congress in 1976, and on six occasions Paul has introduced bills that would have ended the Federal reserve system entirely.

Bill  H.R. 1207: would allow auditors to report on Federal Reserve dealings with foreign banks and nations, actions on monetary policy matters, and operations of the Federal Open Market Committee. For the first time, the Fed Res in 2009 faced a very real prospect that the American people will find out what it’s been up to, and while the bill has been temporarily stifled by bankster cronies and Goldman Sachs alumni, there can be no doubt that a line in the sand has finally been drawn.

Bill H.R. 4248: Free Competition in Currency Act of 2009: “Free Competition in Currency Act of 2009” is even more far-reaching than H.R. 1207. Dr. Paul’s new bill, Dec 9, 2009, proposes that the money monopoly of the banksters be ended forever and competing currencies be established to bring financial sanity back to the marketplace.  This bill never passed!

Ron Paul’s bill to audit the Federal Reserve (HR 1207) now has 320 co-sponsors, and the numbers keep growing! HR 1207′s companion bill in the Senate, S 604, has already attracted 32 co-sponsors.   Article by Paul: new 2011 legislation is no longer active.


Paul Ron, "Audit the Federal Reserve,"   Article by Paul: Bill is no longer active.

Reddy Sudeep , "No Longer Alone, Ron Paul Fights the Fed," The Wall Street Journal, July 20, 2009. Reddy: new Paul legislation  

Trindle Jamila, "Rand and Ron Paul Introduce Twin Fed-Audit Bills," The Wall Street Journal, January 27, 2011.  Trindle: new Paul bills 2011