The House Oversight Committee voted on Wednesday to audit the Federal Reserve system via congressional investigators. The vote signals a major move by lawmakers to make the independent central bank accountable.
The bill that is being put forth has as it’s sponsor Texas congressman and GOP presidential candidate Ron Paul. The issue of the Federal Reserve and its monetary policies have come out in the open in the past few years, but especially this year when “End the Fed” became one of the battle cries of the Paul campaign.
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