Last month the resolution was tabled while the Party Secretary contacted our Representative Candice Miller to get her opinion. She not only supported HR 1207 but signed on as co-sponsor.Yesterday (May 19th) the following resolution was passed unanimously by voice vote of the Huron County Executive Committee.
Whereas, we, as Members of the Huron County Republican Party applaud transparency and accountability in government and reject government secrecy involving monetary policy that impacts the entire economy; and Whereas, serious discussions of proposals to oversee and audit the Federal Reserve are long overdue; and Whereas, the Federal Reserve can enter into agreements with foreign governments and foreign central banks and the United States Congress is prohibited from overseeing these agreements; and Whereas, we, as Members of the Huron County Republican Party, believe agreements made by the Federal Reserve with foreign powers and foreign banking institutions should be subject to Congressional oversight; and Whereas, the United States Constitution, gives the United States Congress the authority to coin Money and regulate the value thereof and does not give Congress the authority to delegate control over monetary policy to a central bank; and Whereas, auditing the Federal Reserve will allow Congress to assert its constitutional authority over monetary policy and help to protect the value of the United States dollar; Therefore, BE IT RESOLVED, that we, the Members of the Huron County Republican Party, in defense of the United States Constitution, STRONGLY URGE the representatives of the 111th United States Congress to support the Federal Reserve Transparency Act of 2009 (HR 1207).
My gratitude to the Contra Costa County (California) GOP for the use of their resolution.
Categories: Campaign For Liberty, Finance, Republican Party, Action Item, US Constitution, Federal Legislation, Current Events, Economy, Monetary Policy, Congress
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County Coordinator