UPDATE: The bill passed, but is probably DOA in the Senate.
It’s not only the Department of Defense that keeps many of its activities highly secrets. Since its founding in 1913, the Federal Reserve has never been completely accountable to the American people, despite its policies helping to devalue our dollar and wreck our economy.
Current law even goes so far as to prohibit Congress from fully auditing the Fed. What other public of private agency has such protection? People scream about business and banks being unaccountable, yet we tolerate a massive federal agency’s secret manipulations which are destroying our economy.
Rep. Ron Paul (R-Tex) has been on a quest to audit the Fed. His bill, H.R. 459, the Federal Reserve Transparency Act, could come up for a vote at any time! Audit the Fed bill would empower the people’s representatives to get the full story on what the Fed has been doing with our money.
The bill is being considered under a “suspension of the rules” process, which means it can’t be changed but will need a 2/3 majority to pass. That is a considerable obstacle.
Take action now. Click here to contact your representative and demand they vote yes to Audit the Fed.