Patriot,

The key take-away from yesterday’s hearing on Central Bank Digital Currency and stablecoins in the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion is that members of this committee on the future of money don’t understand money!

Witnesses addressed the members of Congress like they were explaining things to children, which is essentially what they were doing. Nobody on the committee seems to understand “stablecoins” . . . yet they are very keen on government regulations regarding them.

The Columbia University professor even sneered in his testimony that “the overall discussion on stablecoins has been chaotic, confused, misinformed, uninformed, and likely value subtracted for those watching from the outside and trying to understand the space, such as the members of the committee.”

Notably, two witnesses were clearly opposed to Central Bank Digital Currency (CBDCs), with the Blockchain Association saying in its testimony that the United States government should support stablecoins instead of creating a CBDC.

This is a misdirection play aimed at creating the sense that one or the other must done. We could do neither.

For their part, the committee members seemed most focused on restricting competition to the dollar, which they regard as doing fine and dandy. They love the fiat currency system. They don’t seem to feel impacted by inflation.

And they want the Fed to do more . . . without oversight.

But just because Congress is monetarily illiterate does not mean they, or the American people, should be kept in the dark.

If Congress passed Audit the Fed, you and I would discover how degraded the dollar has become. Until we lift the Fed’s veil of secrecy, we’re going to keep getting ill-informed policies like this.



One thing we confirmed this week is that your calls make a difference. We heard from many of our supporters that their calls got through and that staffers – particularly in Democrat offices, interestingly – were receptive to your message.

In the past, when brought to the House floor for a vote, Audit the Fed passed by overwhelming, veto-proof majorities with support from both parties. Because when they have to cast a vote, few of them have the gall to stand for secrecy over how our money is manipulated for politics.

If passed, Audit the Fed would finally show the American people that the Federal Reserve System leads to:


And pressing for a full audit of the Federal Reserve will have the additional benefit of putting a spotlight on the Fed’s nefarious scheme to introduce a Central Bank Digital Currency and bring their plans crashing to a halt.

Even if you’ve already done so, please take a moment to tell Congress to Audit the Fed!



I truly believe we can finally Audit the Fed and put an end to their surveillance digital dollar scheme. But only with your help.

So after you’ve sent your directive to Congress, please make your most generous contribution of $100, $50, or at least $35 as well!

For Liberty,

John McCardell
Executive Director

P.S. You and I can put the pressure on Congress to grow the number of co-sponsors significantly and force a vote on the House floor.

America is strapped under a national debt of over $31 TRILLION thanks to Congress’ never-ending spending spree and decades of the Fed’s print-now, ask-questions-later monetary policy.

That’s nearly a quarter million dollars per taxpayer.

America could already be veering toward a disaster unmatched in history and the Federal Reserve is on a money printing binge like we haven’t seen since the last financial crisis of 2008.

If we don’t expose the Fed now, I’m worried this collapse could wipe out every last shred of American wealth!

So please make your most generous contribution to help Campaign for Liberty rein in the Federal Reserve once and for all!