Banking

The Federal Reserve Is Abolished

The Federal Reserve — an unelected, quasi-private institution accountable to no one — is dissolved. Its functions are replaced with direct, transparent, accountable systems:

Money supply is managed directly by the US Treasury. The Treasury already prints physical currency. No reason a separate institution needs to control how much money exists. The Treasury is accountable to the elected government, which is accountable to voters.

Interest rates are set by the market, not by a committee of bankers in a room. Supply and demand for borrowing determines the cost of lending naturally. No more a dozen unelected people deciding the rate on every mortgage and business loan in America.

Bank Regulation With Teeth

State auditors with constant, unrestricted access to bank books. Not periodic reviews — permanent, ongoing examination of bank activities. Suspicious practices are flagged and investigated in real time.

No bailouts. Ever. If a bank fails because its executives were reckless, those executives face criminal prosecution and the work camps. Depositors are protected through FDIC insurance (which banks pay into, not taxpayers). Banks that can't survive without gambling with depositors' money don't deserve to exist.

Criminal penalties for executives who engage in risky behavior that endangers depositor funds or threatens systemic stability. Same framework as every other white-collar crime in this platform — prison, not fines.