A Smart and Sound Approach to Rein in...

A Smart and Sound Approach to Rein in the Fed...

Posted in the Banking Forum

The Voter at Large

Dunkirk, NY

#1 Oct 25, 2013
By Alex Lazar
Oct 25, 2013 5:27pm

Sen. Rand Paul, R-Ky., is threatening to prevent Janet Yellen’s nomination to be Federal Reserve Chair unless the Senate votes on his bill to audit the Fed.

“As part of Senate consideration of the Janet Yellen nomination to be Chair of the Federal Reserve, I will request a vote on my bipartisan Federal Reserve Transparency Act, S. 209,” Paul said today in a statement.“The American people deserve transparency from the federal reserve and the federal government as a whole.”

Paul’s bill would require an audit to be conducted by the Comptroller General and have its findings and conclusions distributed to Congress.

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