Skip to comments.H.R. 1207: Federal Reserve Transparency Act of 2009
Posted on 07/30/2009 12:42:59 PM PDT by Halfmanhalfamazing
Congressman Ron Paul is and has been spearheading the attack on the Federal Reserve with a bill that will amend Title 31 of the United States Code to allow the comptroller General of the United States to audit the Board of Governors of the Federal Reserve system: H.R.1207: Federal Reserve Transparency Act of 2009. As the law reads today, Title 31 only allows the Comptroller General to examine an open insured bank or bank holding company if the federal regulatory agency consents in writing. There is thus no obligation for any agency to consent, allowing the public to be completely ignorant regarding the business of its own central bank.
Audit the Federal Reserve and audit Fort Knox.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.