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Thursday, October 17, 2024

Ohio U.S. Rep Warren Davidson: "To help ensure the Federal Reserve stays focused, I have drafted the Federal Reserve Regulatory Oversight..."

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Warren Davidson tweeted the following:

"To help ensure the Federal Reserve stays focused, I have drafted the Federal Reserve Regulatory Oversight Act that would put the Feds regulatory functions on annual appropriations.
The bill does not apply to monetary policy functions."
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Here are other recent tweets from Warren Davidson:

"Precisely.
Using the Feds banking supervision authorities to take more aggressive steps on climate change would be inappropriate without more explicit instructions from Congress to do so, [Powell] said.
Inflation
#StayFocused wsj.com/articles/jerom"
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"Congress urgently needs to pass legislation establishing a brightline test for digital assets making clear what is a security and what is not a security. Then it will be clear what can freely trade on exchanges.
Next, clear custody rules (incl self) & certainty for stablecoins. twitter.com/cgasparino/sta" on Jan. 10
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"Congress is reorganizing its priorities to get America back on track
Today, the House established two new Select Committees to:
1. Diminish China's negative influence in the U.S. and around the world
2. Protect civil liberties from the Biden Administration's executive overreach" on Jan. 10
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