Audit the Fed Amendment Passes 43-26!

After several hours of heated debate, the Paul-Grayson “Audit the Fed” amendment passed 43-26 in the House Financial Services Committee earlier today. The amendment calls for a comprehensive audit of the Federal Reserve and replaces the opposing “placebo” amendment proposed by Mel Watt. The Paul-Grayson initiative is an amendment to …

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House Financial Services Committee Debates Ron Paul’s Amendment to Audit the Fed

Later this afternoon, the House Financial Services Committee will be voting on the Paul-Grayson amendment (which is essentially the “Audit the Fed” bill HR 1207 in the form of an amendment), and the opposing Watt amendment to audit the Fed. Over the course of today’s hearing, Chairman Barney Frank unsurprisingly …

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