Rand Paul Introduces Federal Reserve Transparency Act that Would Mandate a Full Audit of The Fed

‘The Federal Reserve wields massive influence over our economy, but operates in secrecy, with minimal oversight from Congress’

EXCERPT:

PAUL: “The Federal Reserve wields massive influence over our economy, but operates in secrecy, with minimal oversight from Congress. During the financial crisis, the Fed secretly loaned over $16 trillion to domestic and foreign banks. My Federal Reserve Transparency Act will mandate full audits to expose Federal Reserve’s dealings, to reveal the secrets, to ensure accountability to the American people.”

 

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