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News Link • Federal Reserve

‘Audit the Fed’ bill passes in the House with bipartisan support

• www.washingtonpost.com

 
 

 
 
A bipartisan bill requiring broader operational audits of the U.S. Federal Reserve passed the House on Wednesday by a broad bipartisan margin.

The bill passed 327 to 98; all but one Republican and 89 Democrats voted yes. The bill will be considered under the suspension of normal House rules, meaning it required at least a two-thirds majority to pass.

The measure would permit government auditors to conduct deeper audits of the Fed’s monetary policy operations. Despite opposition from some Democrats and the Federal Reserve, the bill has at least 274 cosponsors, including more than three dozen Democrats facing difficult reelection campaigns.

Wednesday’s vote was a coup for its chief sponsor, Rep. Ron Paul (R-Tex.), a longtime nemesis of the Fed, which he has called “an enormously destructive and unaccountable force in both the U.S. economy and the greater global economy.”

 

2 Comments in Response to

Comment by Anon Patriot
Entered on:

Harry Reid’s ULTIMATE FLIP-FLOP Passionate Speech Pleading for an Audit of The Federal Reserve 1/23/1995
https://www.youtube.com/watch?v=fn1u3yDjhN4 

Comment by Anon Patriot
Entered on:

MOMENTUM, FOLKS - MOMENTUM!  LET'S KEEP THIS GOING!

CONTACT Sen. Harry Reid on H.R. 459's Passage (327-98) - TODAY!

I did! Here is the text of my message:

"I was just informed, that the House voted, 327-98, on H.R. 459, & AUDIT THE 'FED' passed! I was also just informed, that 'Sen. HARRY REID is refusing to put Audit the Fed up for a vote in the Senate.' And, to 'Please contact his office today and tell him to support AUDIT THE 'FED' and allow for a Senate vote!'

327-98, Senator, is a CLEAR MAJORITY. THE PEOPLE have spoken. Question: Do you represent THE PEOPLE? You may wish to think about this question when it comes time for your re-election"


CONTACT SEN. HARRY REID TODAY! LET'S FLOOD HIS EMAIL ON THIS ISSUE!
(Feel free to Copy and Paste the message above, if you wish)
http://www.reid.senate.gov/contact/index.cfm

Related News:

Audit the Fed Passes the House! 327(Y)-98(N)
http://www.campaignforliberty.org/profile/7788/blog/2012/07/25/audit-fed-passes-0


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