Audit the Fed: A Major Triumph for Transparency and Accountability

Audit the Fed Attached as an Amendment by Ron Paul I was pleased last week when we won a vote in the Financial Services Committee to include language from the Audit the Fed bill HR1207 in the upcoming financial regulatory reform bill. As it stands now, if HR 3996 passes, …

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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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