Senate Awakens to Import of Monetary Reform

The decision of Senator Cornyn to get behind the idea of a Centennial Monetary Commission should put a bit of a spring in the step of the heroic band on the Hill that is nursing the idea of monetary reform. The legislation comes out of the Joint Economic Committee, which is chaired by Congressman Kevin Brady of Texas. The measure has something like 32 sponsors in the House, and they have been hoping for a serious figure to get behind it in the upper chamber. They’ve landed a terrific ally in Mr. Cornyn.

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