ALERT: Stop the Federal Reserve’s latest power grab!


President Trump is right to demand a more accountable and transparent Federal Reserve. Unfortunately the Fed just keeps grabbing power.

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President Trump is right to demand a more accountable and transparent Federal Reserve. Unfortunately the Fed just keeps grabbing power.

The latest outrage: our central bank announced its plan to create a new, real-time payment system that would compete directly against the banks that it regulates.

Click here to tell the Federal Reserve to keep its hands off!

The Federal Reserve has been claiming new powers for itself since its inception. It was originally founded to be a lender of last resort and has since expanded its operations to intrude on numerous aspects of our financial sector.

But this latest expansion is especially outrageous because the Fed convened a task force and formally asked the private sector to develop and deploy a real-time payment system – then, after billions were invested in the private system, announced it would create its own.

The Fed’s system will take years to develop and will actually stall adoption of real-time payments – the convenience of no longer waiting days for checks and other transactions to clear.

Tell the Fed to keep its hands off our payment systems!

The Federal Reserve is currently taking official comments on its plan. Remarkably, they justified their proposal based on just a handful of comments from the left supporting it. We need to make sure they hear from us and know we are paying attention.

This is one of the most important fights taking place in Washington, D.C. right now, but unfortunately, the media is largely ignoring it. That’s why after you sign your letter to the Fed, please forward this email to a friend.

If we are going to defeat their proposal, we will need to get the word out to more patriotic Americans about what our central bank has up its sleeve.

Tell the Fed to keep its hands off our payment systems!

Thanks for all you do.

Phil Kerpen,
President
American Commitment Foundation

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