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View Full Version : Could a President (as in Paul) audit the Fed on his own authority?




lynnf
06-17-2010, 04:24 PM
like maybe through the IRS?

lynn

Travlyr
06-17-2010, 04:27 PM
Ahhhhh.. No. The IRS knows who butter's their bread. :)

erowe1
06-17-2010, 04:55 PM
I don't think so. He could appoint a chairman who would do it. But even then, he'd need the votes in the Senate to appoint him.

Juan McCain
06-17-2010, 06:07 PM
President Ron Paul could make it an important campaign promise and use the power of the office once President to bring legislation for the transparency of the Federal Reserve
- audit and ultimately taxation - to his domestic agenda.

Lobbyists for the Federal Reserve and the banking interests would have a harder time getting around a President behind this legislation.

Fed dodges bullet as House drops audit idea
http://www.msnbc.msn.com/id/37718285/ns/business-us_business/

heavenlyboy34
06-17-2010, 06:15 PM
Not likely, but he could just make up new rules like other presidents do. ;)