So Much For Secrecy: 75% of Americans Favor Auditing The Federal Reserve

So much for the ongoing secrecy of the nation’s independent central banking system. A new Rasmussen Reports national telephone survey finds that 75% of Americans favor auditing the Federal Reserve and making the results available to the public.

Just nine percent (9%) of adults think that’s a bad idea and oppose it. Fifteen percent (15%) aren’t sure. Over half the members of the House now support a bill giving the Government Accounting Office, Congress’ investigative agency, the authorization to audit the books of the Federal Reserve Board.

Support for the bill has grown now that the Obama administration is proposing to give the Fed greater economic regulatory powers. The Fed which sets U.S. monetary policy was created as an [ostensibly] independent agency to keep it free of politically-motivated interference.

Rasmussen Survey of 1,000 Adults
July 27-28, 2009

“A proposal has been made to audit the Federal Reserve and make the results available to the public. Do you favor or oppose auditing the Federal Reserve?”

Favor: 75%
Oppose: 9%
Not sure: 15%

This telephone survey of 1,000 Adults was conducted by Rasmussen Reports on July 27-28, 2009. The margin of sampling error for the survey is +/- 3 percentage points with a 95% level of confidence (see methodology).

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