Category Archives: HR 1207

Take Action to Save Audit the Fed

By admin | Published: November 3, 2009
Mel Watt (D-NC), Chairman of the Monetary Policy Subcommittee, has sided with the Fed and is working to gut substantial audit provisions from HR 1207. Pressure on the Democrat House Financial Services Committee members is critical!
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“Fed’s Regional Chiefs ‘Fight’ for Monetary Policy Independence”

By admin | Published: October 30, 2009
Bloomberg reports that the "Federal Reserve regional bank presidents are trying to ward off congressional efforts to weaken their clout, saying the moves may jeopardize monetary policy independence."
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“Federal Reserve in Capitol Hill crosshairs”

By admin | Published: October 16, 2009
Many on Capitol Hill want to rip the veil of secrecy off the Fed and make its operations more transparent and open to full examination by Congress.
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