- Republican lawmakers reintroduce the Federal Reserve Board Abolition Act, aiming to dissolve the central bank within one year.
- The bill seeks to repeal the 1913 Federal Reserve Act, transferring monetary policy authority to President Donald Trump.
- Senator Mike Lee and Representative Thomas Massie accuse the Fed of fueling inflation and enabling reckless deficit spending.
- The legislation faces steep opposition in the Senate but could pass the GOP-controlled House.
(Natural News)—In a dramatic challenge to the status quo of U.S. monetary policy, Republican lawmakers are reigniting efforts to dismantle the Federal Reserve, the central bank that has governed the nation’s financial system for over a century. Senator Mike Lee (R-UT) and Representative Thomas Massie (R-KY) reintroduced the Federal Reserve Board Abolition Act on Wednesday, a bold proposal that would dissolve the Fed’s Board of Governors and its regional banks within one year. The bill also seeks to repeal the Federal Reserve Act of 1913, the legislation that established the central bank – effectively handing monetary policy authority to elected officials.
This move comes as inflation continues to erode the purchasing power of American families, with critics blaming the Federal Reserve’s reckless money-printing and interest rate policies for the economic turmoil. The reintroduction of the bill signals a growing frustration with the Fed’s unchecked power and its role in enabling runaway federal spending.
The Federal Reserve: a century of economic manipulation
The Federal Reserve, created in 1913, was designed to stabilize the U.S. economy by regulating the money supply and acting as a lender of last resort during financial crises. However, critics argue that the central bank has strayed far from its original mandate, becoming a tool for economic manipulation that benefits Wall Street and the wealthy at the expense of everyday Americans.
“The Federal Reserve has not only failed to achieve its mandate, it has become an economic manipulator, directly contributing to the financial instability many Americans face today,” Senator Lee told the Daily Caller News Foundation. “We need to protect our economic future, end the monetization of federal debt that fuels unchecked federal spending, and put American money on solid ground. We need to End the Fed.”
Representative Massie echoed these sentiments, pointing to the Fed’s role in creating trillions of dollars “out of thin air” during the COVID-19 pandemic. “Americans have suffered under crippling inflation, and the Federal Reserve is to blame,” Massie said. “By monetizing the debt, the Federal Reserve devalued the dollar and enabled free money policies that caused high inflation.”
The Fed’s actions during the lockdowns, including massive asset purchases and near-zero interest rates, have been widely criticized for fueling inflation and devaluing the dollar. Critics argue that these policies disproportionately harm retirees and savers, whose fixed incomes and savings are eroded by rising prices.
Trump’s push for oversight and the fed’s independence
The reintroduction of the Federal Reserve Board Abolition Act aligns with President Trump’s long-standing criticism of the central bank’s independence. During his first term, Trump repeatedly clashed with Federal Reserve Chairman Jerome Powell, accusing the Fed of failing to “beat” inflation and calling for lower interest rates.
On February 18, Trump signed an executive order aimed at expanding presidential authority over independent agencies, though the order notably excluded the Federal Reserve. “Previous administrations have allowed so-called ‘independent regulatory agencies’ to operate with minimal Presidential supervision,” Trump stated in the order.
While Trump has not publicly endorsed the bill, his support for greater oversight of the Fed suggests a potential shift in the balance of monetary power. If passed, the legislation would mark the most significant restructuring of the U.S. financial system since the Fed’s creation, effectively ending its control over interest rates, money supply, and inflation policy.
A steep uphill battle in Congress
Despite gaining traction among some Republicans and high-profile supporters like Elon Musk, the Federal Reserve Board Abolition Act faces significant hurdles in Congress. While the GOP-controlled House may pass the bill, it is likely to encounter fierce opposition in the Senate, where Democrats and establishment Republicans have historically defended the Fed’s independence.
Lee and Massie first introduced the bill in June 2024, but it failed to advance in the 118th Congress. Their latest effort seeks to capitalize on Trump’s growing influence over the GOP and his economic policy agenda. However, even with Republican support, the legislation’s prospects remain uncertain in a deeply divided Congress.
A financial reckoning on the horizon?
If successful, the Federal Reserve Board Abolition Act would represent a seismic shift in U.S. monetary policy, dismantling an institution that has shaped the nation’s economy for over a century. The Fed’s policies have created a system of economic inequality, where the wealthy benefit from inflated asset prices while ordinary Americans struggle with rising costs of living.
“Monetizing debt is a closely coordinated effort between the Federal Reserve, Treasury Department, Congress, Big Banks, and Wall Street,” Massie said. “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.”
As the debate over the Fed’s future unfolds, one thing is clear: the central bank’s unchecked power and inflationary policies have left a trail of economic destruction in their wake. Whether this bold legislative effort succeeds or fails, it has ignited a critical conversation about the role of the Federal Reserve and the future of America’s monetary system. In a world where the value of the dollar continues to erode, the fight to “End the Fed” is not just a political battle—it is a fight for the financial survival of the American people. Ron Paul was right – and it’s never too late to End the Fed!
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Two Storms, One Harvest
Every food crisis in living memory has been a one-shock event. The 2008 price spike was a commodity bubble. The 2020 shortages were a logistics failure. The 2022 grain scare was a war on one exporter’s ports. Each time, the system bent, adjusted, and recovered, and each time the experts assured us afterward that global markets are simply too big and too diversified to fail.
What nobody in Washington seems eager to discuss is that 2026 is shaping up to be something the modern food system has never actually faced. Two independent shocks, one climatic and one geopolitical, are converging on the same harvest cycle at the same time. Not sequentially. Simultaneously.
Start with the weather. The Pacific Ocean is currently building toward what forecasters now openly call a record event. NOAA’s Climate Prediction Center puts the odds of at least a strong El Niño near 88 percent, with roughly two in three odds it reaches “very strong” status, the tier reserved for perhaps three or four events in the entire satellite era. Every major global model now projects a median peak in Super El Niño territory, and most of them project it exceeding the 2015-16 event, which until now held the modern record. Sea surface anomalies were already brushing the super threshold in mid-July, months before these events normally peak. The atmosphere has already shifted into El Niño mode, and the event is forecast to crest in late fall and early winter.
This is not about “climate change.” It’s about the standard cycles of weather, and the cycle we’re currently in is one that has likely devastated societies in the past. We’re better prepared as a society today, but not all Americans are equally prepared.
Serious households have started doing the quiet math on their own. Grocery bills tell part of the story, and the forecast maps tell the rest, which is why long-term food storage has moved from fringe hobby to mainstream line item in the family budget, with established suppliers like Heaven’s Harvest seeing demand from people who five years ago would have rolled their eyes at the idea. That instinct is not paranoia. It is pattern recognition, and the pattern is worth walking through carefully.
Editor’s Note: Heaven’s Harvest IS a sponsor, but the warnings of this article are real and would be written even if we didn’t have a survival food sponsor. With that said, those who take advantage of what they offer can use promo code “Patriot” for 15% off.
The Fertilizer Clock Is Already Running
While the Pacific warms, the second shock has been unfolding in the Strait of Hormuz. The conflict with Iran turned the world’s most important energy chokepoint into a contested waterway, and the consequences reach far beyond the gas pump. Roughly a third of global fertilizer trade moves through Hormuz, and the disruption sent urea prices up 86 percent year over year by March, with a 53 percent jump in a single month.
The World Bank projects energy prices rising about 24 percent in 2026 and fertilizer about 31 percent. By its own accounting, fertilizer prices ran 35 percent higher in the first five months of this year than the same period last year.
Here is the mechanism the nightly news will not explain. Fertilizer is not a grocery item. It is a time-delayed input. The nitrogen a farmer in Iowa or Punjab could not afford to apply this spring does not show up as a problem this spring. It shows up as a thinner harvest six to twelve months later.
The World Bank’s own food security brief concedes that the effects of reduced applications earlier this season “are likely to become visible only later in harvest outcomes.” Translate that from institutional language into plain English and it means this. The damage is already done, it is already in the ground, and we are simply waiting for it to arrive on the shelf.
Now check the calendar. Six to twelve months from the spring planting season lands us squarely in late 2026 and early 2027. Which is precisely when the strongest El Niño in the instrumental record is forecast to peak, bringing its signature droughts to Southeast Asia, Australia, southern Africa, northern Brazil, and South Asia, the very regions that grow the world’s rice, sugar, and oilseeds.
The World Bank warns openly that a strong El Niño “could disrupt multiple crop belts simultaneously” on top of the conflict-driven input costs. Their baseline projection assumes the Middle East disruptions ease by autumn. What in the last two years of Middle East history suggests that assumption is safe?
The System Has No Slack Left
The comfortable answer is that global markets always adjust. But adjustment requires slack, and the slack is gone. Global cereal production is expected to decline from last year’s records even before El Niño does its work. The UN World Food Programme, hardly a den of right-wing preppers, is calling this the most significant disruption to its supply chains since Covid and the invasion of Ukraine, and its supply chain director put the stakes bluntly.
Today’s supply chain challenges are tomorrow’s hunger crisis.
There is also a political dimension that markets cannot price. When food gets scarce, governments do not behave like economists. They behave like politicians. Export bans, hoarding mandates, and panic buying at the national level turned the modest rice shortfall of 2008 into a global crisis, and analysts are already warning that import-dependent nations are the first dominoes.
The 2015-16 Super El Niño, a far weaker event than what is now forecast, threw tens of millions into food stress across Africa and Asia. This one is projected to be stronger, and it arrives with fertilizer already rationed by price and shipping lanes already contested by missiles.
What Joseph Knew
Scripture does not treat preparation for lean years as faithlessness. It treats it as wisdom delivered in advance to those willing to act on it.
Behold, there come seven years of great plenty throughout all the land of Egypt: And there shall arise after them seven years of famine; and all the plenty shall be forgotten in the land of Egypt.
Joseph did not respond to that warning with a hashtag or a committee. He stored grain during the years of abundance, and when the famine came, Egypt stood while its neighbors begged. The lesson is not that famine is certain. It is that the time to prepare is precisely when preparation still looks optional.
Nobody who filled a pantry in a year of plenty has ever regretted it, and nobody standing in an empty aisle has ever been glad he waited for certainty.
None of this calls for panic, and panic is the enemy of sound judgment anyway. It calls for the same unglamorous prudence our grandparents considered ordinary. Keep some cash margin, know your local growers, and put real food in deep storage while it is cheap and available, because the entire arc of this story is that cheap and available is a closing window.
Families looking for a straightforward place to start can visit Heaven’s Harvest and use promo code Patriot for 15 percent off long-term storable food. The forecasts may yet soften, the strait may yet reopen, and we should pray they do. But hope is a fine thing to hold and a foolish thing to eat.
