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End the Fed? A Not-so-Crazy Idea.

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But Mr. Paul, a noted libertarian who ran for president last year, also wants to keep the Fed out of Congress's clutches " by scrapping it altogether. That's the goal of his follow-up Federal Reserve Board Abolition Act (H.R. 833). Although that measure has yet to gain a single cosponsor, it has plenty of grass-roots support, and Paul hopes that members of Congress will jump on the bandwagon once their eyes are opened

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