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Do we need to end the Fed?

A new bill would end the Fed. Is this feasible? Why this debate matters for bitcoin's adoption and current bull market.

Nik Bhatia

May 23

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Dear Readers,

Lately, I’ve spent a lot of time considering the power structure between the Treasury and the Federal Reserve. As an aspiring American financial historian, I’ve closely studied the Fed’s founding, the private nature of the individual Federal Reserve branches’ shareholders, the Board of Governors’ history of representing US government interests, and periods of unorthodox coordination. A recent bill proposed to Congress would end the Fed and abolish the Federal Reserve Act (1913)—is this a good idea?

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