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U.S. Rep. Ron Paul
Financial Freedom Act

Book of Ron Paul


Financial Freedom Act
Credit Union Membership Access Act
1 April 1998    1998 Ron Paul 33:2
While I strongly support the expansion of the field of membership for credit unions, the new regulations imposed upon them demonstrate a decision to follow the wrong path to “level the playing field” with banks and other financial institutions. A better approach would have been to lead the congress towards less taxes and less regulation. H.R. 1151, The Credit Union Membership Access Act, as amended by the committee, follows a path of more regulations and leads toward higher taxes on credit unions while the Financial Freedom Act, H.R. 1121, which I introduced a year ago, lowers taxes and regulations on banks. While H.R. 1151 does not impose new, direct taxes on credit unions, I fear that that day is just around the corner.

Financial Freedom Act
Banking Regulations
4 August 1998    1998 Ron Paul 93:8
Since I strongly support the expansion of the field of membership for credit unions and was the first one in this congress to introduce multiple common bonds for credit unions in the Financial Freedom Act, H.R. 1121, I am happy to speak in support of the passage of H.R. 1151 here today. Having argued forcefully against the imposition of new regulations imposed upon credit unions, I congratulate the senate for not increasing the regulatory burden on credit unions in an attempt to “level the playing field” with banks and other financial institutions.

Texas Straight Talk


Financial Freedom Act
- Paul's legislation focuses on individual liberty
25 August 1997    Texas Straight Talk 25 August 1997 verse 12 ... Cached
The second piece of legislation I will discuss this week is HR 1121, the Financial Freedom Act. This legislation will directly affect every American who does business with a credit union or a bank. Over the years banks and credit unions have rightly perceived that they are disparately burdened by federal regulations and taxation, and have seen any relief for their 'competitors' as harmful to their own business.

Financial Freedom Act
- Paul's legislation focuses on individual liberty
25 August 1997    Texas Straight Talk 25 August 1997 verse 16 ... Cached
The Financial Freedom Act is a step in the right direction, the direction of cutting taxes and regulations to the benefit of all Americans, regardless of where they live, how much money they make, or how they manage their finances. And while cutting taxes and regulations is always the morally and constitutionally correct position to take, this legislation has the added effect of being a direct, financially positive benefit to every American.

Texas Straight Talk from 20 December 1996 to 23 June 2008 (573 editions) are included in this Concordance. Texas Straight Talk after 23 June 2008 is in blog form on Rep. Paul’s Congressional website and is not included in this Concordance.

Remember, not everything in the concordance is Ron Paul’s words. Some things he quoted, and he added some newspaper and magazine articles to the Congressional Record. Check the original speech to see.



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