Bill to audit Federal Reserve passed in Committee
Posted in Main Blog (All Posts) on November 22nd, 2009 5:38 am by HL
Bill to audit Federal Reserve passed in Committee
Excerpt: For the first time in history, the Federal Reserve Bank may be facing an audit. Yesterday, the House Finance Committee passed a bill (HR 1207) that authorizes the Government Accountability Office (GAO) to conduct a wide-ranging audit of the Fed’s secretive deals with foreign central banks and major U.S. financial institutions. HR 1207 faced fierce last-minute […]