POLL: Should Congress Have Power to Audit the Fed?

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(Yahoo Finance 7/30/12) It is often said that the Chairman of the Federal Reserve is the second most powerful person in the world, with unrivaled influence and clout domestically and abroad. Although our central bank will mark its 100th anniversary next year, its authority has never been greater, its portfolio never larger, and its global dealings never more extensive. This is why so many in Congress say it’s time to reign in the Federal Reserve and bring it back under government control.

“We want to know what deals are being been made with whom, how much money is going out, what has been promised to central banks throughout the world,” says California Congressman Duncan Hunter… “In the end, it’s about transparency. It’s about letting the American people know what the Federal Reserve is doing with your money.”

Rep. Hunter is one of more than 200 co-sponsors of the Audit the Fed bill, a piece of legislation written by outgoing Texas
Congressman and former Presidential candidate Ron Paul that overwhelmingly passed the House last week by a huge 327-98 margin…

…Let us know what you think on our Facebook page.

ACTION ALERT:
Are your senators co-sponsors of the Audit the Fed bill S.202?
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Latest Comments
  1. America! July 31, 2012
  2. Luke August 1, 2012

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