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White Collar Grime

Fed Beaten: Bill To Audit Federal Reserve Passes Key Hurdle

In an unprecedented defeat for the Federal Reserve, an amendment to audit the multi-trillion dollar institution was approved by the House Finance Committee with an overwhelming and bipartisan 43-26 vote on Thursday afternoon despite harried last-minute lobbying from top Fed officials and the surprise opposition of Chairman Barney Frank (D-Mass.), who had previously been a supporter. ( Excerpt )

 

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Robert  "Bob"  Drobot, County Chair, American Independent Party 
190 Sylvia Avenue, Milpitas, California 95035
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E-mail Address : robertdrobot@att.net


 
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