We are winning!
And don’t let anyone tell you otherwise.
This morning, Audit the Fed unanimously
passed the House Oversight and Government Reform Committee by voice vote!
Only a few short years ago, just the
thought of getting a committee hearing on such an issue was considered a long
shot at best, let alone achieving such a remarkable victory!
But that was because the Washington
establishment and the banking elite underestimated the power of true grassroots
activism.
Today’s win is a direct result of
hundreds of thousands of petitions, phone calls, faxes, and emails generated by
passionate C4L activists like you around the country.
One congressman noted he had been
contacted by “scores of constituents” supporting Audit the Fed.
As an example of why I’ve written in
previous emails that nothing can be taken for granted, at one point this
morning, Rep. Elijah Cummings (MD-7) introduced an amendment that, like the
Watt amendment to H.R. 1207 in the 111th Congress, would have gutted Audit the
Fed.
But your pressure helped keep it from
succeeding!
In fact, it was truly astonishing just
how quickly Representative Cummings withdrew the amendment after it became
clear there was no support for it in the Committee - even from members of his
own party.
Over the last four years, you’ve helped
C4L make tremendous strides in bringing the Federal Reserve to the forefront of
political debate and pushing the central bank toward transparency.
Of course, ultimately, America shouldn’t
even have a Federal Reserve System to create moral hazard, keep interest rates artificially
low, bail out friends and favored firms, and manipulate our monetary supply.
Today’s committee hearing was just one
small step toward passing Audit the Fed, but also, one giant leap toward ending
it.
Now, with a floor vote before the entire
U.S. House in July fast approaching, I hope you’ll stand with us again as we
look to jump another hurdle and carry this bill into the Senate.
If you’re not able to give at this time,
we certainly understand. Thanks to a
crisis partially created by an out-of-control Fed, Americans are still
struggling to recover.
But if you can chip in just $10 or $20 today, your help will go a long way toward reaching millions more Americans
about our effort and turning Audit the Fed into the law of the land!
Our chances have never been better.
Thank you for helping make it possible
for a strong, full audit of the Federal Reserve to pass a House Committee.
Now on to victory in the House!
In Liberty,
Matt
Hawes
Vice President