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Sound Dollar Act

Representative Kevin Brady's Sound Dollar Act

The Sound Dollar Act

A Section by Section Summary

Sound Dollar Act in the Media

Read Rep. Brady's Sound Dollar Op-Ed here.

Read the official Sound Dollar press release here. (3-8-12)

Watch Rep. Brady's Sound Dollar speech to the American Enterprise Institute (3-5-12) or read it here.

3-27-12 JEC Hearing: "Monetary Policy Moving Forward"
View photos from the hearing here.

JEC Press Release: Brady to Hold Hearing on Monetary Policy Going Forward

Read Rep. Brady's opening statement.

Witnesses included:
  • The Honorable John B. Taylor, Ph.D., Mary and Robert Raymond Professor of Economics, Stanford University; and Former Under Secretary of the Treasury for International Affairs. Read his testimony here.
  • The Honorable Laurence Meyer, Ph.D., Senior Adviser and Co-founder, Macroeconomic Advisers; Distinguished Scholar, Center for Strategic and International Studies, Washington, D.C.; and Former Governor of the Federal Reserve System. Read his testimony here.
  • The Honorable William Poole, Ph.D., Senior Fellow, Cato Institute, and Former President and Chief Executive Officer of the Federal Reserve Bank of St. Louis. Read his testimony here.

JEC United States Monetary History in Brief

Part One: 1791 - 1860
The First and Second Banks of the United States - Rise and Fall

Part Two: 1861 - 1914
Experience Without a Central Bank - Civil War to Creation of the Fed

Part Three: 1915 - 1998
The Federal Reserve - A Central Bank's Growth Through Trial and Error

United States Monetary Policy Going Forward

The Study

Executive Summary of the Study