President Kennedy was the last President to stand up to the federal reserve. His executive Order 11110 would have empower the US treasury to issue real money without the fed. It would have worked. Kennedy's plan to dismantle the federal reserve machine had begun but 6 months later John F. Kennedy went to Dallas and never returned. The new president, Lyndon B Johnson, threw out Kennedy's order. Since JFK no president has dared confront the secret powers behind the fed. reserve.