Covington Investment Advisors, Inc. Blog

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The Need for an Independent Fed

  The Need for an Independent Federal Reserve Bank (Or a Perfect Federal Reserve Bank Cannot Be Taylor Made)   Patrick R. Wallace Daniel P. Messmer   If you put the federal government in charge of the Sahara Desert, in five years there’d be a shortage of sand.                                       -Milton Friedman   A Call to Regulate the FED             There are two current and different calls for regulation of the Federal Reserve Bank.  One is that more oversight is required from Congress.  Senator Rand Paul is leading this charge.  Unfortunately for Senator Paul, the Supreme Court has already ruled that the Federal Reserve among other entities is independent.  So while having to answer with audits to show no wrong doing, fiscal responsibility, etc. the board of the FED will act as it sees fit to best handle the economy.  Another movement is out there that the FED should be made to...
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Welcome and Happy New Year!

  Welcome and Happy New Year!       As part of an ongoing effort to provide best-in-class service, we are pleased to reveal our new website. Our new website, aside from being aesthetically pleasing, is more agile, interactive, and is more reflective of Covington and our core values.       One of our main goals we wanted to achieve when designing the new site was to help our clients and potential clients get to know us better and get a feel for who we are as a company, the services we provide, and offer insights to our philosophy through our new Blog.       In the coming months, our goal is to build out the Blog to provide insight and helpful information.       Stay tuned…  
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Covington Investment Advisors, Inc.
301 E. Main Street
Ligonier, PA 15658
Phone: 724-238-0151
Fax: 724-238-0148