Audit the Fed Bill Reaches 300 Mark

Congressman Ron Paul (TX-14) is pleased to announce that, in addition to 100% of the House GOP Members cosponsoring the Federal Reserve Transparency Act, the total number of Members of Congress supporting the bill has reached 300. [including Ron Paul and 299 co-sponsors]

This legislation calls for a full and complete audit of the Federal Reserve by the Government Accountability Office, reported to Congress by the end of 2010.

“I continue to be pleased that so many of my colleagues are willing to stand up for transparency and accountability in government by cosponsoring this bill,” stated Congressman Paul.

Chellie Pingree (ME-1) is the latest Member to sign on as a co-sponsor.

  • Sandy

    I sure wish I knew more about you during the 2008 election. I did know I didn’t want Obama because there were just too many things about him that just weren’t right. My God, I had no idea he was THIS BAD! I am all for auditing the Fed. but that’s not enough. I am reading “The Creature from Jekyll Island” which I recommend to everyone. Every day I’m blown away by new revelations about Obama’s corrupt CZars, the Democrats in Congress (I sometimes was them & you live on C Span) & I must say I’m shocked to see the way they behave. Anyway, back to Jekyll Island … Aside from audit I would like to see:

    1. The public to know how the Fed has been cheating Americans out of their hard earner money since 1913 & beyond. The banking cartels, the whole story. It’s the most revolting story ever told.

    2. We need to go back to the gold standard.

    3. We need to investigate congress to get the crooked ones out.

    4. We need to change the whole way the campaign funds process works so their can no favors, earmarks, bundling.

    5. Every bill needs to be just about that bill – period. No way to sneak in other items.

    6. Everyone has to read the bill & that includes “the people”.

    7. Investigate the banks & get the info on the cartels out there.

    8. Get all the communist professors out of the schools!

    9. And – get this whole birth certificate issue settled once & for all. Find an honest judge!!!

    I was much happier before I found all this out but I would rather not live in a fantasy world & try to see all this socialist agenda stopped before we become a communist country.


  • john

    Does this mean its happening automatically now? The 300 mark mean the audit is going through?

    • Lindsey

      Good question John. It seems that I remember reading something saying that if a bill gets 300 co-sponsors it is automatically brought to the floor for a vote.