Fed
Beware of the creature from Jekyll Island
In a previous article, I discussed the push to audit the Federal Reserve System. Since that time, Congress has made major progress in bringing about a transparent central bank. Now, the Federal Reserve Transparency Act of 2009 (H.R. 1207) has more than 300 co-sponsors in the House, and efforts have been made to gut the legislation and protect the central bank from any significant audit of its practices.
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