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Audit the Federal Reserve Legislation, HR 1207 and S 604, are gaining widespread bipartisan support in both the House and Senate, but neither John Tanner nor Senators Corker nor Senator Alexander have yet to sign on to the legislation. Current bipartisan support includes, Lynn Woolsey (D-CA), co-chair of the Progressive Caucus; Stephanie Sandlin (D-SD), chair of the Blue Dog Coalition; Ron Paul (R-TX), the bill’s sponsor; and Pete Sessions (R-TX), chair of the Republican Congressional Campaign Committee.
According to Senator Bernie Sanders, the Federal Reserve has pumped $2.2 Trillion2 into the economy recently, no one outside the Fed knows where it has gone, and the Fed won’t say.
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