Project 2025 Tracker / What’s done, what’s next

Section 4 · The Economy

24 Federal Reserve

24 not started by status
24 counted
  • Not started 24

What has happened

Nothing verified in this chapter yet.

Still to come

All recommendations in this chapter

Every recommendation this chapter is the home of, in printed-page order.

  1. 732 Limit the Federal Reserve's mandate to the sole objective of stable money Needs Congress Not started
  2. 732 Eliminate the Federal Reserve's "dual mandate" Needs Congress Not started
  3. 733 Limit the Fed's lender-of-last-resort function Needs Congress Not started
  4. 733 Wind down the Federal Reserve's balance sheet to pre-2008 levels Not started
  5. 734 Have Congress limit Federal Reserve balance sheet purchases Needs Congress Not started
  6. 734 Limit future Fed balance sheet expansions to U.S. Treasuries Needs Congress Not started
  7. 734 Eliminate Fed interventions in corporate and municipal debt markets Not started
  8. 735 Bar future Fed purchases of mortgage-backed securities and sell off holdings Not started
  9. 735 Stop paying interest on excess reserves Not started
  10. 735 Restore the pre-2008 system founded on open-market operations Needs Congress Not started
  11. 736 Abolish the Federal Reserve and move to free banking Needs Congress Not started
  12. 737 Back the dollar with gold at a Treasury-set price Needs Congress Not started
  13. 738 Create gold-convertible Treasury instruments or a temporary parallel gold standard Needs Congress Not started
  14. 738 Let individuals use commodity-backed money alongside the dollar Needs Congress Not started
  15. 738 Adopt a K-Percent Rule for money creation Needs Congress Not started
  16. 740 Consider NGDP targeting or a Taylor Rule as the Fed's monetary rule Needs Congress Not started
  17. 740 Eliminate "full employment" from the Fed's mandate Needs Congress Not started
  18. 740 Compel the Fed to publish a target inflation range and growth path Needs Congress Not started
  19. 740 End "flexible average inflation targeting" Not started
  20. 740 Limit Fed regulatory activity to bank capital adequacy Not started
  21. 740 Amend the Fed's financial stability mandate to bar ESG factors Needs Congress Not started
  22. 740 Curb the Fed's excessive last-resort lending practices Not started
  23. 741 Appoint a commission on the Fed's mission and alternatives to it Not started
  24. 741 Prevent creation of a central bank digital currency Not started