The new Republican majority in the
Senate opens a door for a new level of scrutiny of the Federal Reserve,
the quasi-public organization that largely controls U.S. monetary policy
behind closed doors.
“Will we finally get a vote on audit of the Fed in the Senate?” asked Julie Borowski in a column on the website of the conservative and libertarian lobbying group FreedomWorks.
“The GOP-led House overwhelmingly passed bills to audit the Fed in 2012 and 2014. Back in September, it passed with a bipartisan vote of 333-92. Yet, it was basically dead on arrival in the Senate,” she wrote. “For reasons unconfirmed, Harry Reid refused to allow a vote on the bill – even though he cosponsored audit legislation in the 1990s. The Senate companion bill, introduced by Sen. Rand Paul, R-Ky., has 31 cosponsors but never even made it out of committee.”
But with Harry Reid no longer in charge of the Senate, she said, “we’re far more likely to get a vote on audit the Fed.”
http://www.wnd.com/2014/11/door-opens-for-scrutiny-of-federal-reserve/#0RZDJHldutGesHDa.99
“The GOP-led House overwhelmingly passed bills to audit the Fed in 2012 and 2014. Back in September, it passed with a bipartisan vote of 333-92. Yet, it was basically dead on arrival in the Senate,” she wrote. “For reasons unconfirmed, Harry Reid refused to allow a vote on the bill – even though he cosponsored audit legislation in the 1990s. The Senate companion bill, introduced by Sen. Rand Paul, R-Ky., has 31 cosponsors but never even made it out of committee.”
But with Harry Reid no longer in charge of the Senate, she said, “we’re far more likely to get a vote on audit the Fed.”
http://www.wnd.com/2014/11/door-opens-for-scrutiny-of-federal-reserve/#0RZDJHldutGesHDa.99
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