Statement by Newt Gingrich on Federal Reserve Announcement
Newt Gingrich released the following statement reacting to the Federal Reserve's bond purchasing and selling announcement:
"The Federal Reserve should not be making economic policy. As President, I will send to Congress legislation that returns the institution to its proper, limited role of stabilizing prices and preventing rampant inflation."
########## In June 2011, Newt delivered a speech at the Atlanta Press Club calling for an audit of the Federal Reserve and a return to its original role. Read it here. He also released a video and petition calling for an audit of the federal reserve. See it here.
Newt Gingrich, Statement by Newt Gingrich on Federal Reserve Announcement Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/298072