Ron Paul’s Bill To Audit The Federal Reserve Now Has 134 Co-Sponsors




Ron Paul’s bill to audit the Federal Reserve (HR 1207) now has 134 co-sponsors, and the numbers keep growing!

This is history in the making, and victory is within reach. Imagine what will happen if HR 1207, The Federal Reserve Transparency Act, comes up for vote in Congress! With 30.8% of the House of Representatives already co-sponsoring this bill, it has real potential to pass — BUT only if we educate and rally the people to support it and get our Congresspeople to put it to vote and pass it.

Step 1: Your Representative

If your representative is not on the following list of HR 1207 co-sponsors, call their offices, write to them, email them, etc. Let them know they need to support HR 1207. If you live in their district, let them know. Go to their office.

Capitol Switchboard: (202) 224-3121

HR 1207 Co-Sponsors (as of 5/7/2009)

Rep Abercrombie, Neil [HI-1] – 2/26/2009
Rep Aderholt, Robert B. [AL-4] – 5/6/2009
Rep Adler, John H. [NJ-3] – 5/6/2009
Rep Akin, W. Todd [MO-2] – 3/19/2009
Rep Alexander, Rodney [LA-5] – 3/10/2009
Rep Austria, Steve [OH-7] – 5/6/2009
Rep Bachmann, Michele [MN-6] – 2/26/2009
Rep Bachus, Spencer [AL-6] – 4/29/2009
Rep Baldwin, Tammy [WI-2] – 4/21/2009
Rep Barrett, J. Gresham [SC-3] – 4/28/2009
Rep Bartlett, Roscoe G. [MD-6] – 2/26/2009
Rep Barton, Joe [TX-6] – 5/4/2009
Rep Biggert, Judy [IL-13] – 4/28/2009
Rep Bilbray, Brian P. [CA-50] – 4/21/2009
Rep Bilirakis, Gus M. [FL-9] – 5/4/2009
Rep Bishop, Rob [UT-1] – 4/21/2009
Rep Blackburn, Marsha [TN-7] – 3/16/2009
Rep Blunt, Roy [MO-7] – 3/24/2009
Rep Bono Mack, Mary [CA-45] – 4/29/2009
Rep Brady, Kevin [TX-8] – 4/22/2009
Rep Broun, Paul C. [GA-10] – 2/26/2009
Rep Brown, Henry E., Jr. [SC-1] – 4/28/2009
Rep Buchanan, Vern [FL-13] – 3/17/2009
Rep Burgess, Michael C. [TX-26] – 3/19/2009
Rep Burton, Dan [IN-5] – 2/26/2009
Rep Buyer, Steve [IN-4] – 4/30/2009
Rep Calvert, Ken [CA-44] – 4/29/2009
Rep Campbell, John [CA-48] – 5/4/2009
Rep Capito, Shelley Moore [WV-2] – 4/1/2009
Rep Carter, John R. [TX-31] – 3/31/2009
Rep Cassidy, Bill [LA-6] – 5/4/2009
Rep Castle, Michael N. [DE] – 3/17/2009
Rep Chaffetz, Jason [UT-3] – 3/6/2009
Rep Cole, Tom [OK-4] – 4/21/2009
Rep Crenshaw, Ander [FL-4] – 5/4/2009
Rep Culberson, John Abney [TX-7] – 3/26/2009
Rep Davis, Geoff [KY-4] – 5/6/2009
Rep Deal, Nathan [GA-9] – 3/23/2009
Rep DeFazio, Peter A. [OR-4] – 3/9/2009
Rep Dent, Charles W. [PA-15] – 5/6/2009
Rep Doggett, Lloyd [TX-25] – 4/21/2009
Rep Duncan, John J., Jr. [TN-2] – 3/6/2009
Rep Ehlers, Vernon J. [MI-3] – 4/21/2009
Rep Fallin, Mary [OK-5] – 4/2/2009
Rep Fleming, John [LA-4] – 3/18/2009
Rep Foxx, Virginia [NC-5] – 3/10/2009
Rep Franks, Trent [AZ-2] – 3/23/2009
Rep Garrett, Scott [NJ-5] – 3/5/2009
Rep Gingrey, Phil [GA-11] – 3/30/2009
Rep Gohmert, Louie [TX-1] – 4/23/2009
Rep Goodlatte, Bob [VA-6] – 4/28/2009
Rep Granger, Kay [TX-12] – 4/28/2009
Rep Graves, Sam [MO-6] – 4/22/2009
Rep Grayson, Alan [FL-8] – 3/11/2009
Rep Hall, Ralph M. [TX-4] – 4/29/2009
Rep Heller, Dean [NV-2] – 3/6/2009
Rep Hensarling, Jeb [TX-5] – 5/4/2009
Rep Herger, Wally [CA-2] – 4/21/2009
Rep Herseth Sandlin, Stephanie [SD] – 5/6/2009
Rep Hoekstra, Peter [MI-2] – 4/28/2009
Rep Inglis, Bob [SC-4] – 4/23/2009
Rep Jenkins, Lynn [KS-2] – 4/23/2009
Rep Johnson, Sam [TX-3] – 4/22/2009
Rep Johnson, Timothy V. [IL-15] – 4/23/2009
Rep Jones, Walter B., Jr. [NC-3] – 2/26/2009
Rep Kagen, Steve [WI-8] – 2/26/2009
Rep Kaptur, Marcy [OH-9] – 4/23/2009
Rep Kingston, Jack [GA-1] – 3/6/2009
Rep Kline, John [MN-2] – 4/29/2009
Rep Lamborn, Doug [CO-5] – 4/21/2009
Rep Latham, Tom [IA-4] – 4/21/2009
Rep LaTourette, Steven C. [OH-14] – 4/28/2009
Rep Linder, John [GA-7] – 5/6/2009
Rep LoBiondo, Frank A. [NJ-2] – 5/4/2009
Rep Lucas, Frank D. [OK-3] – 4/21/2009
Rep Luetkemeyer, Blaine [MO-9] – 4/21/2009
Rep Lummis, Cynthia M. [WY] – 3/19/2009
Rep Manzullo, Donald A. [IL-16] – 4/21/2009
Rep Marchant, Kenny [TX-24] – 3/11/2009
Rep Massa, Eric J. J. [NY-29] – 4/22/2009
Rep McCarthy, Kevin [CA-22] – 5/4/2009
Rep McCaul, Michael T. [TX-10] – 4/21/2009
Rep McClintock, Tom [CA-4] – 3/6/2009
Rep McCotter, Thaddeus G. [MI-11] – 3/19/2009
Rep McDermott, Jim [WA-7] – 4/29/2009
Rep McHenry, Patrick T. [NC-10] – 4/30/2009
Rep McHugh, John M. [NY-23] – 5/4/2009
Rep McMorris Rodgers, Cathy [WA-5] – 5/4/2009
Rep Miller, Candice S. [MI-10] – 4/28/2009
Rep Miller, Jeff [FL-1] – 3/24/2009
Rep Moran, Jerry [KS-1] – 5/4/2009
Rep Murphy, Tim [PA-18] – 4/29/2009
Rep Myrick, Sue Wilkins [NC-9] – 4/28/2009
Rep Neugebauer, Randy [TX-19] – 4/30/2009
Rep Olson, Pete [TX-22] – 4/21/2009
Rep Paulsen, Erik [MN-3] – 3/30/2009
Rep Pence, Mike [IN-6] – 4/21/2009
Rep Peterson, Collin C. [MN-7] – 3/19/2009
Rep Petri, Thomas E. [WI-6] – 3/10/2009
Rep Pitts, Joseph R. [PA-16] – 4/28/2009
Rep Platts, Todd Russell [PA-19] – 3/19/2009
Rep Poe, Ted [TX-2] – 2/26/2009
Rep Posey, Bill [FL-15] – 2/26/2009
Rep Price, Tom [GA-6] – 3/10/2009
Rep Putnam, Adam H. [FL-12] – 4/28/2009
Rep Radanovich, George [CA-19] – 5/6/2009
Rep Rehberg, Denny [MT] – 2/26/2009
Rep Roe, David P. [TN-1] – 4/21/2009
Rep Rohrabacher, Dana [CA-46] – 3/6/2009
Rep Rooney, Thomas J. [FL-16] – 4/22/2009
Rep Ros-Lehtinen, Ileana [FL-18] – 4/28/2009
Rep Schakowsky, Janice D. [IL-9] – 5/6/2009
Rep Schock, Aaron [IL-18] – 5/6/2009
Rep Sessions, Pete [TX-32] – 3/23/2009
Rep Shimkus, John [IL-19] – 4/22/2009
Rep Simpson, Michael K. [ID-2] – 4/28/2009
Rep Smith, Adam [WA-9] – 4/22/2009
Rep Smith, Adrian [NE-3] – 4/28/2009
Rep Smith, Lamar [TX-21] – 4/2/2009
Rep Stark, Fortney Pete [CA-13] – 3/26/2009
Rep Stearns, Cliff [FL-6] – 3/6/2009
Rep Taylor, Gene [MS-4] – 3/6/2009
Rep Terry, Lee [NE-2] – 3/30/2009
Rep Thompson, Glenn [PA-5] – 4/22/2009
Rep Tiahrt, Todd [KS-4] – 4/28/2009
Rep Tiberi, Patrick J. [OH-12] – 4/28/2009
Rep Upton, Fred [MI-6] – 4/29/2009
Rep Walden, Greg [OR-2] – 5/4/2009
Rep Wamp, Zach [TN-3] – 3/16/2009
Rep Westmoreland, Lynn A. [GA-3] – 4/2/2009
Rep Wilson, Joe [SC-2] – 4/29/2009
Rep Wittman, Robert J. [VA-1] – 4/1/2009
Rep Woolsey, Lynn C. [CA-6] – 2/26/2009
Rep Young, Don [AK] – 3/6/2009

Step 2: Financial Services Committee

HR 1207 is now in the House Committee on Financial Services. This is THE MOST IMPORTANT STEP in this legislation! If it doesn’t get out of committee it will not come to a vote! There are 71 members on this committee and they are all listed below.

We need to let all members of the House Committee on Financial Services know that we want them to allow full House consideration of HR 1207 so it can move forward; we need them to support this. Now is the time.

Call their offices, write to them, email them, etc. Let them know they need to support HR 1207. If you live in their district, let them know. Go to their office.

House Committee on Financial Services

Chairman Barney Frank, MA

Republican Members

Rep. Michele Bachmann, MN [co-sponsor]
Rep. Spencer Bachus, AL
Rep. J. Gresham Barrett, SC [co-sponsor]
Rep. Judy Biggert, IL [co-sponsor]
Rep. John Campbell, CA
Rep. Michael N. Castle, DE [co-sponsor]
Rep. Scott Garrett, NJ [co-sponsor]
Rep. Jim Gerlach, PA
Rep. Jeb Hensarling, TX
Rep. Lynn Jenkins, KS [co-sponsor]
Rep. Walter B. Jones , NC [co-sponsor]
Rep. Peter King, NY
Rep. Leonard Lance, NJ
Rep. Christopher Lee, NY
Rep. Frank D. Lucas, OK [co-sponsor]
Rep. Donald A. Manzullo, IL [co-sponsor]
Rep. Kenny Marchant, TX [co-sponsor]
Rep. Thaddeus McCotter, MI [co-sponsor]
Rep. Kevin McCarthy, CA
Rep. Patrick T. McHenry, NC
Rep. Gary G. Miller, CA
Rep. Randy Neugebauer, TX
Rep. Shelley Moore Capito, WV [co-sponsor]
Rep. Ron Paul, TX [sponsor]
Rep. Erik Paulsen, MN [co-sponsor]
Rep. Bill Posey, FL [co-sponsor]
Rep. Tom Price, GA [co-sponsor]
Rep. Adam Putnam, FL [co-sponsor]
Rep. Edward R. Royce, CA

Democratic Members

Rep. Gary L. Ackerman, NY
Rep. John Adler, NJ
Rep. Joe Baca, CA
Rep. Melissa L. Bean, IL
Rep. Michael E. Capuano, MA
Rep. Andre Carson, IN
Rep. Travis Childers, MS
Rep. William Lacy Clay, MO
Rep. Emanuel Cleaver, MO
Rep. Joe Donnelly, IN
Rep. Steve Driehaus, OH
Rep. Keith Ellison, MN
Rep. Bill Foster, IL
Rep. Alan Grayson, FL [co-sponsor]
Rep. Al Green, TX
Rep. Luis V. Gutierrez, IL
Rep. Rubén Hinojosa, TX
Rep. Jim Himes, CT
Rep. Paul W. Hodes, NH
Rep. Paul E. Kanjorski, PA
Rep. Mary Jo Kilroy, OH
Rep. Ron Klein, FL
Rep. Suzanne Kosmas, FL
Rep. Stephen F. Lynch, MA
Rep. Dan Maffei, NY
Rep. Carolyn B. Maloney, NY
Rep. Carolyn McCarthy, NY
Rep. Gregory W. Meeks, NY
Rep. Brad Miller, NC
Rep. Walt Minnick, ID
Rep. Dennis Moore, KS
Rep. Gwen Moore, WI
Rep. Ed Perlmutter, CO
Rep. Gary Peters, MI
Rep. David Scott, GA
Rep. Brad Sherman, CA
Rep. Jackie Speier, CA
Rep. Nydia M. Velázquez, NY
Rep. Maxine Waters, CA
Rep. Melvin L. Watt, NC
Rep. Charles Wilson, OH

Help with this all important public outreach. NOW REALLY IS THE TIME!

Here’s a sample letter you can use:

Dear Representative,

Please co-sponsor and/or support H.R.1207, an effort to audit the Federal Reserve.

Recently, it has come to light that there is little to no accountability to the people on the part of the Federal Reserve. While the citizens of this country are required by law to give an accounting of every penny they come in contact with, the Federal Reserve has never been held to the same standard. During this time of extreme economic crisis, the people deserve an accounting of where our money is going.

Currently there are 134 co-sponsors for this legislation, and it is enjoying bi-partisan support. Your efforts in supporting this important legislation would go a long way in proving to your constituents that you not only hold the Federal Reserve to the same standard as you do your constituents, but it would also show that you believe in transparency. Anything less than support for this resolution suggests that you are in favor of secrecy and a lack of accountability to the people who pay the bills. We pay the tab; we have a right to know where our money is going.

Unlike recent bills that you voted in favor of that had hundreds of pages and just a few hours to read, this bill can be read in under 5 minutes. I encourage you to take the time to read it, and then move to support it.

Thank you in advance for your attention on this important legislation. I have every expectation that you will do right by your constituents and support this measure.

Sincerely,

Step 3: The People

Tell everyone you know about HR 1207 and ask them to support it and to contact their representative as well. Link to this page and to CampaignForLiberty.com.

This initiative is crucial and we need to redouble our efforts to get HR 1207 passed.



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14 Comments:

  1. Even if everything that Mr. Gonzalez believed were true, the FED should be fired (and all debts written off) for doing such a piss poor job.

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  2. Charles A Gonzalez,

    From your letter, it is apparent you believe:
    1. The Federal Reserve is currently apolitical despite examples to the contrary, the most recent being Timothy Geithner moving from President of the New York Federal Reserve to the top position in the Treasury Department. The revolving door between the Fed. and the big banks and brokerage houses that are being bailed out seems to be a non-issue with you as well.
    2. The government cannot simply demand to see the accounts of a bank, but were not the stress tests just that? This is unacceptable ignorance on your part.
    3. The Federal Reserve should be able to use taxpayer funds with virtually no taxpayer protections and oversight that H.R. 1207 would provide.
    4. The Federal Reserve has prevented instability in the economy demonstrated by their track record, and has inspired confidence in the markets that our economy is in good hands.

    Is is nothing short of appalling that you could hold these views as demonstrated by your letter, and you clearly are not qualified to represent me.

    Sincerely,

    American Taxpayers

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  3. I emailed Charlie Gonzales (D-TX) about a month ago and called him last week, this is the response I got from him today:

    I have followed the Financial Service Committee's oversight hearings of the Federal Reserve and the banking system with great interest and Congress must remain vigilant and meet our oversight obligations. With the size of government investments in recent months, the desire and right of the government to such scrutiny has never been higher.

    The Treasury, Federal Deposit Insurance Corporation, and other regulators have performed just such an investigation in the course of the stress tests of the largest banks. FDIC keeps a constant watch on all of its member banks as well, and Congress will continue to hold hearings and investigate so the government is on the job. At first blush, the Federal Reserve Transparency Act of 2009 (HR 1207) looks like just another aspect of that scrutiny. Closer examination, however, reveals some problems with this bill's approach.

    The United States Code has strict provisions to prevent the federal government from improper direct interference in the way businesses operate. One of those restrictions is that the government may not simply demand to see the account books of a bank. HR 1207 would remove that protection, exposing all banks to partisan, political pressure. That it exposes the Federal Reserve to the same pressure is improper as well. Congress created the Fed to keep our country's monetary policy in a non-partisan, apolitical agency, so the Governors could focus on setting wise policy regardless of how it might affect any political party. That was a wise decision and it has served us well over the years.

    HR 1207 would undermine the very protections the Fed was created to provide, and would expose individual businesses to government interference. While systemic oversight is an important role, government is not supposed to micromanage business in this way. That's just not a policy I can support.

    Sincerely,

    Charles A. Gonzalez
    Member of Congress

    Soooooooo IDK what to tell him. Seems like he's pretty stuck on not supporting it. If anyone can come up with a rebuttal for that, let me know and I'll be glad to pass it on to him haha.

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    • Mr. Gonzalez,

      The Federal Reserve System (of which it is none! not Federal
      with no Reserve (the money it puts out is "fiat") and is not
      a System but a Bank in disguise to fool the publlic!

      26 years after its's founding in 1913 when the argument in favor
      of a National Bank was to smooth out the "boom and busts" in US
      economic cycle came the 1929 crash. Why wasn't this deceptive
      syetem repealed IMMEDIATELY?

      There have been numerous "boom and bust" cycles when the FED MANIPLATED the M3 currency e.g. loosened credit rates, prices rose, closed down on credit, wealth was lost by the people, assets were bought at FIRE SALE PRICES by the MONEY MEN. This sequence explains WHY the MONEYED MEN end up with "all the marbles"!

      Why shouldn't the PEOPLE know what the FED is doing with OUR
      MONEY? Your constituents should know that you are protecting
      this "Monster" that has not let us in on its "GAME" for nearly
      100 years! Your district will vote you OUT!

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  4. In regards to H.R. 1207. H.R. 1207 is still sitting in committee. Could Speaker Pelosi bring it out of committee and to a full house vote? If so why don't we send out the message for everyone to start contacing her?

    Thanks

    Joe Pitre

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  5. I emailed Walt Minnick, the Idaho rep. We will see if I get a response. It'll be awesome if we get some more democrats in on this! I'll feel especially pwnly if it's my email that does it too! heh

    -Micah Turner

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  6. Cut Out The Cancer

    End The Fed

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  7. Pat, you may be right, however - you seem to be using an 'ignorance is bliss' approach to understanding what is going on with our monitary policy. I'm not sure that is the smartest thing. You are also very assumptive to what the end result may be. I really hope you don't base your support of the bill based on the logic you just provided.

    I contacted my congressment Jared Polis (2nd Congressional District of Colorado) today.

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  8. I think that this bill will have many unintended consequences. What will happen is that first people will become disgusted with the federal reserve. Then instead of abolishing this socialist entity, it will give the government, mainly the congress, to exert its control over the decision making of the fed. The idea of Nancy Pelosi and Harry Reid controlling our monetary policy is far more harmful than the fed itself.

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  9. The Fed. is a limited partnership and can avoid an audit by law.
    The Fed. is 30 to 40% owned by European central banking famalies
    and should be abolished due to fraud and manipulation allowing
    insider trading. The Rothchilds,Warburgs,Lazards etc. should be tried for treason after giving Saddam Hussein 1 billion he requested for the insugency shortly before we went in there. They
    did not want quick success as the profit was and is in prolonging
    it, as long as possible.

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  10. Maria S. Weaver

    I have emailed Representative Ortiz Jr. about co-sponsoring this bill. I still don't see his name on the list.

    My question is: why wouldn't representatives co-sponsor this bill. I think that it is because they might have something to hide.

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  11. Kurt Tagtmeyer

    I just tried Rep Delahunt's (MA-10) office again. The person I spoke with (Katy) said she would pass the message along again to Mr. Delahunt. I have given my personal contact information to his office at least 3 times over the past few weeks so that he could inform me of his decision. I also asked for an explantion if he chooses not to co-sponsor this bill. I ask again, what is wrong with the Congressman and Senators in Massachusetts? I have to believe that, as another Ron Paul commentor said, MA politicians are in the pockets of special interests. I also believe that they are in it for their own interests as well.

    I will keep trying anyway to get a MA co-sponsor on this list.

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