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Massie Pushes Bold Bill to “End the Fed”

Massie Pushes Bold Bill to “End the Fed”

CoinomediaCoinomedia2025/06/21 10:24
By:Isolde VerneIsolde Verne

Rep. Thomas Massie introduces legislation to abolish the Federal Reserve, sparking intense debate over inflation and central banking.Massie’s Push to End the FedWhat’s Behind the Movement?What Could Happen Next?

  • Rep. Massie reintroduced H.R. 1846 to abolish the Federal Reserve.
  • The bill would repeal the 1913 Federal Reserve Act and dissolve Fed entities.
  • Sponsors argue the Fed’s policies caused inflation and favored elites.

Massie’s Push to End the Fed

U.S. Congressman Thomas Massie has introduced a new bill aiming to abolish the Federal Reserve. The legislation, known as H.R. 1846, proposes repealing the Federal Reserve Act of 1913 and dissolving both the Federal Reserve Board of Governors and its 12 regional banks. The bill is modeled on similar past efforts, reflecting growing frustration with the central bank’s influence on the economy.

What’s Behind the Movement?

Massie argues that the Federal Reserve has inflated the money supply excessively in recent years, particularly during and after the COVID-19 pandemic. This, he claims, has led to significant price inflation and devaluation of the U.S. dollar. According to Massie, the Fed’s monetary policies benefit large financial institutions and the wealthy, while harming average Americans through reduced purchasing power and rising living costs.

JUST IN: 🇺🇸 Congressman Thomas Massie calls to end the Federal Reserve. pic.twitter.com/mveUKCMCq4

— Watcher.Guru (@WatcherGuru) June 21, 2025

What Could Happen Next?

If passed, the bill would mandate the full dissolution of the Federal Reserve within a year, with all remaining assets and liabilities transferred to the U.S. Treasury. A public audit would follow 18 months after enactment. While the bill may face strong political resistance, it brings renewed attention to the role of the Federal Reserve and how it manages the economy. Critics of the plan warn that sudden changes to monetary policy could destabilize financial markets, while supporters believe ending the Fed is a necessary step to restore fiscal discipline.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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