2021 Would Be a Great Time to Audit the Fed

Progressives must not fall for this but instead team up with the populist right to audit the Fed and demand transparency.

Audit the Fed has passed the House on three occasions, so it could see as much or more success this coming session.

All the more reason for the Fed to adopt the likeness of a woke institution.

Republicans in the House and Senate, especially if the president is unable to secure a second term, will be in a strong position to take on the Fed.

Although more recent frustration expressed was over interest rates not being low enough, Trump also supported auditing the Fed during his 2016 campaign.

Any hope for real political unity that actually benefits the American people depends on the success of projects like Audit the Fed.

Even if a President Biden or Trump vetoed the legislation, it would amount to progress in the pursuit of transparency at the Fed.

https://mises.org/wire/2021-would-be-great-time-audit-fed