The Fed on the Defensive | WHAT REALLY HAPPENED

The Fed on the Defensive

I do not recall this in my lifetime. A majority in the House of Representatives has co-signed H.R. 1207, a bill introduced by Ron Paul to have the Federal Reserve System audited by an independent government agency, the Comptroller General's office.

The bill has been bottled up in committee by Barney Frank, who has insisted that he is doing this in order to better coordinate consideration of the best way to gain greater transparency from the Federal Reserve. He has not said that he favors an independent audit of the FED.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA