There is currently a proposal that would require Congress to audit the Federal Reserve. The bill has 282 co-sponsors, which means it would easily pass the House. Yet someone in the House has buried the bill. The Fed, of course, does not want audited.
Although the Fed gave hundreds-of-billions of money directly to Wall Street, the Fed has actually transfered trillions (nine trillion, by conservative estimates) through many subterfuges. Here is a recent example:
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