Tag: harry truman

The First Truly Independent Fed Chair

Commentary The independence of the Federal Reserve was never granted; rather, it was fought for. Although the first chairman of the Federal Reserve “System” Marriner Stoddard Eccles failed to fight for independence, his effort after demotion (from chairman to normal committee member) did reward his successors. Another long-sitting successor after him was William McChesney Martin…


Why Is the FBI Targeting Law-and-Order Americans? What Enabled the FBI’s Sweeping Surveillance Powers?

In the wake of the 9/11 attack, the FBI saw its power—and budget—expand. And yet the recent hostage situation in a Texas synagogue is the latest in a long line of FBI failures to stop Islamic terror attacks. After all, the Bureau’s mission is to keep Americans safe from terrorists and hostile foreign agents. Instead,…