In a display of populist anger toward the Federal Reserve, a House panel voted on Thursday to let Congress carry out sweeping new oversights of the central bank’s policy decisions and operations. The House Financial Services Committee approved a …
Read Original Story: Panel Votes to Broaden Oversight of the Fed – New York Times
Nov. 19 (Bloomberg) — A US House committee advanced a proposal to remove a three-decade ban on congressional audits of Federal Reserve interest-rate decisions, a measure backed by a lawmaker who has called for the abolition of the …
Read Original Story: House Panel Votes to Advance Paul Plan on Fed Audits – Bloomberg
WASHINGTON, Nov. 20 (UPI) — A Congressional panel approved a bill that would put the traditionally independent US Federal Reserve under closer scrutiny of politicians. Fed officials opposed the measure and House Financial Services Committee Chairman …
Read Original Story: House panel approves Fed audits – United Press International
I have been studying the Ron Paul bill regarding the Fed (Federal Reserve Transparency Act) and a few things strike me not only about the bill, but also about the people pushing it. First off, the bill is a mediocre at best piece of legislation and at …
Read Original Story: More Congressional Misdirection and Ineptitude – Motley Fool
Washington, DC (HNN) – Grassroots supported and with a libertarian independence, Rep. Ron Paul (R-TX) prevailed 43-26 on a House Financial Services Committee vote Thursday evening, Nov. 19, 2009 that would expand Congressional audits …
Read Original Story: Ron Paul's Federal Reserve Audit Clears Financial Services Committee – HNN Huntingtonnews.net
For nearly a century the Federal Reserve has operated in the shadows, away from the prying eyes of Congress, journalists and the American people. Created in 1913, the Fed was given enormous responsibility to protect the value …
Read Original Story: Americans Deserve a Transparent Fed – Wall Street Journal
Rep. Mel Watt of Charlotte, whose campaign coffers are well-stocked with banking and financial industry money, yesterday tried, but failed, to derail an amendment to a House Finance Committee bill which would open the Federal Reserve to public audits. …
Read Original Story: Mel Watt tries to derail Fed Reserve audit – Creative Loafing
Something quite amazing happened yesterday in Congress: the House Finance Committee — in a truly bipartisan and even trans-ideological vote — defied the banking industry, the Federal Reserve, …
Read Original Story: The Washington establishment suffers a serious defeat – OpEdNews
As Planet Money’s Daniel Costello reports this morning, "Rep. Ron Paul, the Texas Republican and lifelong critic of the Federal Reserve, scored a big win Thursday on Capitol Hill by getting a House panel to pass a bill requiring new …
Read Original Story: Is Ron Paul Right About The Fed? – NPR
Ron Paul has received the most attention he’s got since his presidential campaign with his "audit the Fed" bill. Now, that legislation seems to have a shot at passing, as it has been attached to Barney Frank’s financial regulation …
Read Original Story: Ron Paul Fed Provision Passes House Financial Services Committee – U.S. News & World Report
