Steve Lonegan says Fed’s discretionary monetary policy has failed to provide economy with a sustained boost Washington, D.C.– Following today’s release of the April jobs report from the Bureau of Labor Statistics, American Principles in Action’s Director of Monetary Policy Steve Lonegan released … [Read more...]
Working Americans across the country are struggling. We believe poor monetary policy is largely responsible. Wages are stagnant. The cost of living is rising and the value of the dollar is eroding, injuring the dignity and economic security of American workers with it. We believe action is needed to restore job creation, economic mobility, and the American dream.
- Accountability of the Federal Reserve through a full audit by the Government Accountability Office.
- A national monetary commission to explore the track record of alternate monetary policy regimes on our economy and empirically evaluate which options would best serve working Americans by preserving the value of the dollar.
- A renewed understanding and appreciation of the classical gold standard’s track record of supporting a rising standard of living, fostering job creation and economic mobility, and promoting equitable prosperity.
Our mission is to defend the liberty of the individual, which can only be protected when the wages, quality of life and savings earned through the fruits of one’s labor are preserved by the maintenance of sound currency.
The right to the pursuit of happiness endowed to us by our creator memorializes property rights as sacred to liberty. There is no greater expression of private property than the preservation of value that is maintained in our currency. Our money is the measure of the value of our earnings and savings, our property. When someone’s property is taken without their consent, this amounts to an attack on this most fundamental right. Today’s monetary policy takes control of our money and hands it to unelected bureaucrats.
Our mission is to return control of our money to the people, fix the dollar and restore sound money.
For more information, please visit: www.fixthedollar.com.
Steve Lonegan urges support for Rep. Kevin Brady’s Monetary Commission bill Washington, D.C.– Following today’s release of the Federal Reserve’s Open Market Committee statement, American Principles in Action’s Director of Monetary Policy Steve Lonegan released the following statement: “The … [Read more...]
Steve Lonegan discussed a meeting of conservative economic leaders with Federal Reserve Chair Janet Yellen with Fox Business' Neil Cavuto. … [Read more...]
At CPAC, recently, an estimated 10,000 conservatives and libertarians, together with many presidential aspirants, gathered across the Potomac. They did so amidst massive hoopla and intense media fascination. We in the media are nothing if not suckers for hoopla. History, however, typically … [Read more...]
WASHINGTON — Federal Reserve Chair Janet Yellen met Friday with a group of conservative activists who are unhappy with the way the central bank is conducting its interest-rate policies. The meeting, which was set up in early February, came two days after Yellen came under heavy criticism from … [Read more...]
On Friday, I numbered among the twenty-some self-styled conservatives, organized by Steve Lonegan, who gathered at the headquarters of the Federal Reserve to meet with Chair Janet Yellen and governor Lael Brainard. (Steve is Director of Monetary Policy for American Principles in Action.) We met for … [Read more...]
In December, a coalition of conservative groups led by American Principles in Action requested a meeting with Yellen after she had a similar meeting with left-leaning groups. She accepted their invitation. In an interview with The Daily Signal, Steve Lonegan, APIA’s director of monetary … [Read more...]
Janet Yellen met Friday with conservative economists and activists who shared concerns about the potential negative impact of keeping interest rates low for too long. Fed Governor Lael Brainard also attended the one-hour meeting at the Fed's headquarters in Washington, according to … [Read more...]
MEDIA AVAILABILITY TO FOLLOW MEETING Washington, D.C. – Following her meeting with a far-left group late last year, Federal Reserve Chair Janet Yellen has accepted a meeting with American Principles in Action and a coalition of center-right, free-market thinkers and activists. The … [Read more...]
Two months ago, after learning that Fed Chair Janet Yellen had met with progressives, a group of conservatives started demanding a sit-down of their own. "The left has met with Janet Yellen in an effort to influence monetary policy," thundered Steve Lonegan, a two-time candidate for governor of New … [Read more...]