Bernanke calls for a GAO audit of the Fed?

Brady Dennis of the Washington Post reports on Federal Reserve Chairman Ben Bernanke’s call for an audit of the Fed in regards to its relations with AIG.

In a letter to Gene L. Dodaro, director of the Government Accountability Office and acting U.S. comptroller general, Bernanke said the Fed would make available “all records and personnel necessary” if the GAO undertook such a review. Bernanke noted that the Fed already had made “a large amount of information” about the AIG bailout public, including regular reports about outstanding loan balances, and that it had provided testimony and documents to members of Congress and other oversight bodies.

Read the rest here.  Of course, the request comes right before he’s scheduled to be confirmed by the Senate.   It should go without saying that the American people deserve to know more than just what information the Fed “provides” at their leisure.