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Republicans Eye U.S. Return to Gold Standard

Next week, Republicans will consider looking at returning the U.S. dollar to the gold standard, Rep. Marsha Blackburn told CNBC on Thursday.

“I can tell you there’s language in there deals with auditing the Fed. People believe we need to do something about the Fed. We need to do something about inflation,” the Tennessee Republican said on “The Kudlow Report.”

“There was lots of discussion and a desire from many who were platform committee delegates to do what Reagan did and look at what he did with the gold commission, and the reason for that is people have been worn out with what has happened with this economy over the last three years.”

Read More: CNBC

Filed under Gold Standard Republicans gold commission Economy