H.R. 24 ‘Audit the Fed’ Bill Passes in House

Said Rep. Paul Broun:“Today’s passage of the Audit the Fed bill brings us one step closer towards bringing much-needed transparency to our nation’s monetary policy. For the past 100 years, the Federal Reserve, a quasi-government agency, has acted under a veil of secrecy – controlling our monetary policy and thus, our economy. While in recent years, the Fed has been granted a greater role in overseeing the regulation of our financial system, current law specifically prohibits audits of the Federal Reserve’s deliberations, decisions, or actions…

via H.R. 24 ‘Audit the Fed’ Bill Passes in House.

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