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tsai3904
10-29-2013, 03:13 PM
Rand Paul says he will place hold on Janet Yellen nomination

Sen. Rand Paul said on Tuesday that he plans to place a hold on Janet Yellen’s nomination to be Federal Reserve chair to try and force a vote on a bill he argues would increase transparency at the central bank.

Paul has been hinting for weeks he would make the move and on Tuesday the Kentucky Republican confirmed he will take this step absent a vote on the “Audit the Fed” bill first championed by his father — former Rep. Ron Paul (R-Texas).

“I don’t think technically you can file a hold until she comes out of committee – but we’re putting people on notice that we will,” Paul told POLITICO.

The Senate Banking Committee is considering holding a hearing on Yellen’s nomination on Nov. 14. After that is done, the committee would need to vote to approve the nomination.

...

“We’d lift it if we can get a vote,” Paul said of the hold. “We’ve been waiting two years on a vote on the Audit the Fed Bill. It passed overwhelmingly on the House and we’d be happy to lift the hold if we do get a vote.”

More:
http://www.politico.com/story/2013/10/rand-paul-janet-yellen-nomination-99047.html

Reid MUST find 60 votes to break the hold. There are 44 Senators ON THE RECORD of supporting the Audit the Fed bill. We can force a vote but everyone needs to call their Senators.

More info, including cosponsors, on Rand's bill, S. 209:
http://www.ronpaulforums.com/showthread.php?403587-S-209-Audit-the-Fed-23-Cosponsors-2-26-Update-1

eduardo89
10-29-2013, 03:16 PM
http://www.youtube.com/watch?v=hXfaC03MEoE

tsai3904
10-29-2013, 03:19 PM
When CNBC broke the news, Rand's spokespeople said they weren't sure if Rand would actually place the hold. Today's news is confirmation.


Sen. Rand Paul has not made a final decision on whether to place a hold on the nomination of Janet Yellen to be Federal Reserve chair, a Paul aide said following a report he was poised to make the move.

“We’re not there yet,” a Paul (R-Ky.) aide said when asked if the senator has decided to place a hold on the nomination. “But that’s obviously an option.”

http://www.politico.com/story/2013/10/rand-paul-janet-yellen-98860.html

eduardo89
10-29-2013, 03:22 PM
When CNBC broke the news, Rand's spokespeople said they weren't sure if Rand would actually place the hold. Today's news is confirmation.

That's good news. Hope it works out and he can at least get a vote.