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House pushes for sweeping audit of the Fed
AP ^ | 9/25/09 | ANNE FLAHERTY

Posted on 09/25/2009 10:45:34 AM PDT by Palin Republic

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To: WOSG

“So is the Fed, according to you.”

And I’d prefer that things are given oversight by the legislature instead of just one man.


201 posted on 09/28/2009 1:47:55 AM PDT by evandi
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To: evandi

“So is the Fed, according to you.”

“And I’d prefer that things are given oversight by the legislature instead of just one man.”

Which is the way it currently IS for the Fed.
Congress has oversight. The Fed is a creature of Congressional mandate.


202 posted on 09/28/2009 10:24:36 AM PDT by WOSG (OPERATION RESTORE AMERICAN FREEDOM - NOVEMBER, 2010 - DO YOUR PART!)
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To: WOSG

“Which is the way it currently IS for the Fed.
Congress has oversight. The Fed is a creature of Congressional mandate.”

Yep, but the congress artificially limited the ways in which the Fed can be audited, and thankfully that seems likely to change.


203 posted on 09/28/2009 9:16:26 PM PDT by evandi
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