‘End The Fed’ Legislation Reintroduced

Rep. Thomas Massie (R-KY) has reintroduced legislation to abolish the Federal Reserve.

“Representative Thomas Massie (R-KY) announces the introduction of H.R. 1846, the Federal Reserve Board Abolition Act. Rep. Massie’s legislation abolishes the Board of Governors of the Federal Reserve and the Federal Reserve banks. It also repeals the Federal Reserve Act, the 1913 law that created the Federal Reserve System. Senator Mike Lee (R-UT) leads the companion bill in the United States Senate, S. 869,” Massie’s office stated in a Wednesday press release.

“Americans have suffered under crippling inflation, and the Federal Reserve is to blame,” Massie said.

“During COVID, the Federal Reserve created trillions of dollars out of thin air and loaned it to the Treasury Department to enable unprecedented deficit spending. By monetizing the debt, the Federal Reserve devalued the dollar and enabled free money policies that caused high inflation,” he continued.

“Monetizing debt is a closely coordinated effort between the Federal Reserve, Treasury Department, Congress, Big Banks, and Wall Street,” Massie stated.

“Through this process, retirees see their savings evaporate due to the actions of a central bank pursuing inflationary policies that benefit the wealthy and connected. If we really want to reduce inflation, the most effective policy is to end the Federal Reserve,” he added.

New: Thomas Massie has reintroduced the “End the Fed” bill to abolish the Federal Reserve

Do you support this? pic.twitter.com/L21mDiibBT

— The Calvin Coolidge Project (@TheCalvinCooli1) March 6, 2025

“Americans would be better off if the Federal Reserve did not exist. The Fed devalues our currency by monetizing the debt, causing inflation,” Massie said.

I just reintroduced “End the Fed.”

Title: Federal Reserve Board Abolition Act, HR 1846.

Americans would be better off if the Federal Reserve did not exist. The Fed devalues our currency by monetizing the debt, causing inflation. pic.twitter.com/0U2NkbBZsX

— Thomas Massie (@RepThomasMassie) March 5, 2025

A closer look:

“Feeling dangerous… I think I’ll take a page from @RonPaul and get together with my friend @RepThomasMassie to END THE FED,” Sen. Mike Lee (R-UT) said.

Feeling dangerous…

I think I’ll take a page from @RonPaul and get together with my friend @RepThomasMassie to END THE FED. pic.twitter.com/xHB1KrhSci

— Mike Lee (@SenMikeLee) March 5, 2025

Per Rep. Thomas Massie:

Original cosponsors of Rep. Massie’s legislation include Rep. Andy Biggs (R-AZ), Rep. Lauren Boebert (R-CO), Rep. Eric Burlison (R-MO), Rep. Kat Cammack (R-FL), Rep. Michael Cloud (R-TX), Rep. Eli Crane (R-AZ), Rep. Marjorie Taylor Greene (R-GA), Rep. Harriet Hageman (R-WY), Rep. Scott Perry (R-PA), Rep. Chip Roy (R-TX).

The Federal Reserve Board Abolition Act was first introduced by former Representative Ron Paul (R-TX) in 1999 and hasn’t been reintroduced since 2013.

In addition to introducing this legislation to “End the Fed,” Rep. Massie has also introduced H.R. 24, the Federal Reserve Transparency Act of 2025 to audit the Federal Reserve. H.R. 24 was originally introduced by former Representative Ron Paul (R-TX) in 2009.