EPIC TEAM-UP: Massie Gets Backup While Delivering ‘End The Fed’ Bill From None Other Than Comedian Rob Schneider

by | May 17, 2024 | News

WASHINGTON, D.C. – In a bold legislative move, Representative Thomas Massie (R-KY) has introduced the Federal Reserve Board Abolition Act, which aims to dismantle the Federal Reserve System, citing it as the principal catalyst for the ongoing inflation crisis. The bill, identified as H.R. 8421, seeks to abolish the Board of Governors of the Federal Reserve and the twelve Federal Reserve banks, repealing the foundational 1913 Federal Reserve Act.

“Americans are grappling with crippling inflation due to the Federal Reserve’s policies,” Massie stated, condemning the central bank’s actions during the COVID-19 pandemic which, according to him, involved creating trillions of dollars to support government deficit spending. This process, he argues, devalued the dollar and facilitated the current inflationary surge which disproportionately affects retirees and the less affluent.

The bill, which echoes efforts by former Rep. Ron Paul (R-TX) to curtail the Federal Reserve’s power, is supported by various House Republicans including Rep. Andy Biggs (R-AZ) and Rep. Marjorie Taylor Greene (R-GA). The proposal marks a significant moment in what could be a contentious debate over monetary policy and fiscal responsibility in the United States.

In a show of unexpected support, comedian Rob Schneider accompanied Rep. Massie to the Capitol, underscoring the bill’s introduction and adding a pop culture twist to the political proceedings.

Schneider’s presence highlighted the widespread interest and concern over federal financial policies beyond typical political figures.

This legislative push aligns with Massie’s broader critique of federal financial management, further amplified by his recent criticism of the Biden administration’s handling of national debt, now exceeding $34 trillion. His stance resonates with constituents and colleagues alike, as evidenced by a supportive tweet from a follower praising Massie’s commitment to challenging fiscal mismanagement in Congress.

As debates over the role of the Federal Reserve intensify, Massie’s initiative signals a growing faction within Congress advocating for significant reforms in how the federal government handles economic policy and oversight.

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