Three Congressmen Introduce Gold Standard Bill to Stabilize the Dollar's Value

10:09 AM

First published by Money Metals Exchange here: https://www.moneymetals.com/news/2023/04/04/three-congressmen-introduce-gold-standard-bill-to-stabilize-the-dollars-value-002717

Washington, DC - As America faces the twin threats of inflation and bank failures, three U.S. congressman introduced a pivotal sound money bill that would enable the Federal Reserve note “dollar” to regain stable footing for the first time in more than half a century. Rep. Alex Mooney (R-WV) - joined by Reps. Andy Biggs (R-AZ) and Paul Gosar (R-AZ) - introduced H.R. 2435, the “Gold Standard Restoration Act,” to facilitate the repegging of the volatile Federal Reserve note to a fixed weight of gold bullion.

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