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Alan Grayson, Ron Paul join for push to audit Fed

Source: Orlando Sentinel Online

Washington : DC : USA | 2 months ago

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A measure backed by one of Washington's oddest couples — libertarian Republican Ron Paul of Texas and self-styled progressive Democrat Alan Grayson of Orlando — took another step toward becoming law Friday. Legislation that would allow a congressional audit of the Federal Reserve —...

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News Stories

Fed to work with lawmakers on naming borrowers (Reuters)

News Source: Turks and Caicos Free Press | 2 months ago

The Federal Reserve is willing to work with U.S. lawmakers on ways to release names of companies that borrow from the central bank after a time lag so the disclosures do not disrupt markets, a Fed official said. Scott Alvarez, the Fed's general...
Alan Grayson, Ron Paul join for push to audit Fed

News Source: Orlando Sentinel Online | 2 months ago

A measure backed by one of Washington's oddest couples — libertarian Republican Ron Paul of Texas and self-styled progressive Democrat Alan Grayson of Orlando — took another step toward becoming law Friday. Legislation that would allow a...
House panel seeks broad audit of Fed

News Source: Charlotte Observer Online | 2 months ago

House Financial Services Committee Chairman Barney Frank, D-Mass., on Friday backed a bill to require a broad congressional auditing of how the Federal Reserve carries out its monetary policy. That review would include looking at how much the Fed has...
Paul's 26-year quest for Fed audits gaining traction

News Source: Austin America-Statesman/Texas Longhorns | 2 months ago

It started more than a quarter-century ago as just another far-out idea from U.S. Rep. Ron Paul: allow detailed congressional audits of some of the most sensitive activities of the Federal Reserve. In the wake of the financial crisis, it's getting...
Fed Mulls Naming Its Borrowers

News Source: Asian Wall Street Journal | 2 months ago

The Federal Reserve, under pressure from Congress to be more transparent, is "giving serious consideration" to releasing the names of firms that receive loans from the central bank, a top Fed official said Friday. At a House hearing, Fed General...