Download Our App

All posts tagged "Reserve"

GOP Senators propose alternatives to U.S. dollar

GOP Senators propose alternatives to U.S. dollar

Senators Rand Paul (R-KY), Jim DeMint (R-SC) and Mike Lee (R-UT) introduced legislation this week that would eliminate all taxes on gold and silver coins, elevating them from the status of "collectables" to "legal tender" of the same status as Federal Reserve notes.

Fed holds rate as U.S. economy recovery slows

Fed holds rate as U.S. economy recovery slows

WASHINGTON (AFP) – The Federal Reserve said Wednesday it would again maintain its key interest rate near zero as the pace of the US economic recovery was more sluggish than expected.