Rand Paul Forces Senators on Record for Audit the Fed

[farrar]

Moments ago, I made a move on the U.S. Senate floor that sent jaws dropping all the way from Washington, D.C. to Wall Street.

Using little-known Senate rules, I announced my intentions to FORCE the entire United States Senate on record on my Audit the Fed Bill.

Now, if I can count on you to convince enough of my colleagues in the Senate to stand with me, Audit the Fed will be brought to the floor for a full Senate vote in just a matter of days.

What do you guys think?

[willwash]

What do you guys think?

I got the same email around the same time. I don't think it's anything. There was no explanation of what "rules" he is talking about, how many senators need to "stand with Rand," nor of what "standing" with him even entails. The email then just went on to ask for money.

I'm not sold.

[Dr. Dog]

What procedure did he use? When will they vote on it? Is it the same audit the fed bill that Ron got passed in the House a few years back?

[tommyrp12]

This is what i found so far.

http://www.paul.senate.gov/news/press/sen-rand-paul-reintroduces-audit-the-fed-

11.04.15
Sen. Rand Paul Reintroduces “Audit the Fed”
WASHINGTON, D.C. – U.S. Senator Rand Paul today reintroduced the Federal Reserve Transparency Act of 2015, widely known as "Audit the Fed,” taking steps to place it directly on the Senate Legislative Calendar. The bill eliminates restrictions on Government Accountability Office audits of the Federal Reserve and mandates that the Federal Reserve's credit facilities, securities purchases, and quantitative easing activities be subject to congressional oversight. Sen. Paul originally introduced the legislation for the 114th Congress in January 2015.

Rule XIV allows Audit the Fed to be placed directly on the Senate Legislative Calendar so that the legislation can be called up for immediate consideration.

"Today, I reintroduced my legislation to conduct a complete and thorough audit of the Federal Reserve and am seeking a vote soon. The Fed operating under a cloak of secrecy has gone on for far too long. The American people have a right to know exactly how Washington is spending their money. The time to act is now," Sen. Paul said.

Cosponsors of the Federal Reserve Transparency Act of 2015 include: U.S. Senators Mitch McConnell (R-KY), Kelly Ayotte (R-NH), John Barrasso (R-WY), Roy Blunt (R-MO), John Boozman (R-AR), Shelley Capito (R-WV), John Cornyn (R-TX), Mike Crapo (R-ID), Ted Cruz (R-TX), Steve Daines (R-MT), Cory Gardner (R-CO), Chuck Grassley (R-IA), Dean Heller (R-NV), Johnny Isakson (R-GA), Mike Lee (R-UT), Rob Portman (R-OH), James Risch (R-ID), Marco Rubio (R-FL), Tim Scott (R-SC), Pat Toomey (R-PA), and David Vitter (R-LA).

Click HERE to read the Federal Reserve Transparency Act of 2015 in its entirety.

[Barrex]

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[ds21089]

This would be huge if it passes. Not gonna hold my breath though.

[RandPaul4Prez]

This is awesome

[tsai3904]

What procedure did he use? When will they vote on it? Is it the same audit the fed bill that Ron got passed in the House a few years back?

He used a Senate procedural maneuver (I think with the help of McConnell) that allows him to reintroduce the exact same bill he introduced earlier this year and send it straight to the floor without having the bill pass out of a committee.

The Senate will vote on it when McConnell brings it up for a vote, which can be never, but McConnell promised a vote on the bill when he was campaigning for reelection.

This new bill Rand introduced is S. 2232, which is the same bill that he introduced earlier this year (S. 264) and the same bill that passed the House last year.

[Dr. Dog]

This is the rule:


JOINT RESOLUTIONS, RESOLUTIONS, AND PREAMBLES THERETO


PDF of Rule XIV (http://www.gpo.gov/fdsys/pkg/CDOC-113sdoc18/pdf/CDOC-113sdoc18.pdf#page=15)1. Whenever a bill or joint resolution shall be offered, its introduction shall, if objected to, be postponed for one day.

2. Every bill and joint resolution shall receive three readings previous to its passage which readings on demand of any Senator shall be on three different legislative days, and the Presiding Officer shall give notice at each reading whether it be the first, second, or third: Provided,That each reading may be by title only, unless the Senate in any case shall otherwise order.

3. No bill or joint resolution shall be committed or amended until it shall have been twice read, after which it may be referred to a committee; bills and joint resolutions introduced on leave, and bills and joint resolutions from the House of Representatives, shall be read once, and may be read twice, if not objected to, on the same day for reference, but shall not be considered on that day nor debated, except for reference, unless by unanimous consent.

4. Every bill and joint resolution reported from a committee, not having previously been read, shall be read once, and twice, if not objected to, on the same day, and placed on the Calendar in the order in which the same may be reported; and every bill and joint resolution introduced on leave, and every bill and joint resolution of the House of Representatives which shall have received a first and second reading without being referred to a committee, shall, if objection be made to further proceeding thereon, be placed on the Calendar.

5. All bills, amendments, and joint resolutions shall be examined under the supervision of the Secretary of the Senate before they go out of the possession of the Senate, and all bills and joint resolutions which shall have passed both Houses shall be examined under the supervision of the Secretary of the Senate, to see that the same are correctly enrolled, and, when signed by the Speaker of the House and the President of the Senate, the Secretary of the Senate shall forthwith present the same, when they shall have originated in the Senate, to the President of the United States and report the fact and date of such presentation to the Senate.

6. All other resolutions shall lie over one day for consideration, if not referred, unless by unanimous consent the Senate shall otherwise direct. When objection is heard to the immediate consideration of a resolution or motion when it is submitted, it shall be placed on the Calendar under the heading of "Resolutions and Motions over, under the Rule," to be laid before the Senate on the next legislative day when there is no further morning business but before the close of morning business and before the termination of the morning hour.

7. When a bill or joint resolution shall have been ordered to be read a third time, it shall not be in order to propose amendments, unless by unanimous consent, but it shall be in order at any time before the passage of any bill or resolution to move its commitment; and when the bill or resolution shall again be reported from the committee it shall be placed on the Calendar.

8. When a bill or resolution is accompanied by a preamble, the question shall first be put on the bill or resolution and then on the preamble, which may be withdrawn by a mover before an amendment of the same, or ordering of the yeas and nays; or it may be laid on the table without prejudice to the bill or resolution, and shall be a final disposition of such preamble.

9. Whenever a private bill, except a bill for a pension, is under consideration, it shall be in order to move the adoption of a resolution to refer the bill to the Chief Commissioner of the Court of Claims for a report in conformity with section 2509 of title 28, United States Code.

10. No private bill or resolution (including socalled omnibus claims or pension bills), and no amendment to any bill or resolution, authorizing or directing (1) the payment of money for property damages, personal injuries, or death, for which a claim may be filed under chapter 171 of title 28, United States Code, or for a pension (other than to carry out a provision of law or treaty stipulation); (2) the construction of a bridge across a navigable stream; or (3) the correction of a military or naval record, shall be received or considered.

http://www.rules.senate.gov/public/index.cfm?p=RuleXIV

I'm guessing he's going to be using part 6 of the rule. He'll introduce the bill and then he needs someone to object, which means it will automatically be placed on the Calendar for consideration. At least that's how I'm reading it...?

[tsai3904]

I'm guessing he's going to be using part 6 of the rule. He'll introduce the bill and then he needs someone to object, which means it will automatically be placed on the Calendar for consideration. At least that's how I'm reading it...?

Yes, all of that happened yesterday. This is from the congressional record:


Mr. McCONNELL. Mr. President, I understand there is a bill at the desk, and I ask for its first reading.

The PRESIDING OFFICER. The clerk will read the bill by title for the first time.

The senior assistant legislative clerk read as follows:

A bill (S . 2232 ) to require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States, and for other purposes.

Mr. McCONNELL. I now ask for a second reading and, in order to place the bill on the calendar under the provisions of rule XIV, I object to my own request.

The PRESIDING OFFICER. Objection having been heard, the bill will be read for the second time on the next legislative day.

[Dr. Dog]

Mr. McCONNELL. I now ask for a second reading and, in order to place the bill on the calendar under the provisions of rule XIV, I object to my own request.

lol, one can object to their own request?


Still, nice to see McConnel acting as a Rand ally.

[Jan2017]

The Senate will vote on it when McConnell brings it up for a vote, which can be never, but McConnell promised a vote on the bill when he was campaigning for reelection.

This new bill Rand introduced is S. 2232, which is the same bill that he introduced earlier this year (S. 264) and the same bill that passed the House last year.

Thanks for the lead . . . 21 co-sponsors listed (below) including McConnell

S.2232 - A bill to require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks
by the Comptroller General of the United States, and for other purposes.
https://www.congress.gov/bill/114th-congress/senate-bill/2232/all-actions?q=%7B%22search%22%3A%5B%22%5C%22s2232%5C%2 2%22%5D%7D&resultIndex=1&overview=closed




Sen. Ayotte, Kelly [R-NH]* (https://www.congress.gov/member/kelly-ayotte/A000368)
11/03/2015


Sen. Barrasso, John [R-WY]* (https://www.congress.gov/member/john-barrasso/B001261)
11/03/2015


Sen. Blunt, Roy [R-MO]* (https://www.congress.gov/member/roy-blunt/B000575)
11/03/2015


Sen. Boozman, John [R-AR]* (https://www.congress.gov/member/john-boozman/B001236)
11/03/2015


Sen. Capito, Shelley Moore [R-WV]* (https://www.congress.gov/member/shelley-capito/C001047)
11/03/2015


Sen. Crapo, Mike [R-ID]* (https://www.congress.gov/member/michael-crapo/C000880)
11/03/2015


Sen. Cruz, Ted [R-TX]* (https://www.congress.gov/member/ted-cruz/C001098)
11/03/2015


Sen. Daines, Steve [R-MT]* (https://www.congress.gov/member/steve-daines/D000618)
11/03/2015


Sen. Gardner, Cory [R-CO]* (https://www.congress.gov/member/cory-gardner/G000562)
11/03/2015


Sen. Grassley, Chuck [R-IA]* (https://www.congress.gov/member/charles-grassley/G000386)
11/03/2015


Sen. Heller, Dean [R-NV]* (https://www.congress.gov/member/dean-heller/H001041)
11/03/2015


Sen. Isakson, Johnny [R-GA]* (https://www.congress.gov/member/johnny-isakson/I000055)
11/03/2015


Sen. Lee, Mike [R-UT]* (https://www.congress.gov/member/mike-lee/L000577)
11/03/2015


Sen. McConnell, Mitch [R-KY]* (https://www.congress.gov/member/mitch-mcconnell/M000355)
11/03/2015


Sen. Portman, Rob [R-OH]* (https://www.congress.gov/member/rob-portman/P000449)
11/03/2015


Sen. Risch, James E. [R-ID]* (https://www.congress.gov/member/james-risch/R000584)
11/03/2015


Sen. Rubio, Marco [R-FL]* (https://www.congress.gov/member/marco-rubio/R000595)
11/03/2015


Sen. Toomey, Pat [R-PA]* (https://www.congress.gov/member/pat-toomey/T000461)
11/03/2015


Sen. Vitter, David [R-LA]* (https://www.congress.gov/member/david-vitter/V000127)
11/03/2015


Sen. Cornyn, John [R-TX]* (https://www.congress.gov/member/john-cornyn/C001056)
11/03/2015


Sen. Scott, Tim [R-SC]* (https://www.congress.gov/member/tim-scott/S001184)
11/03/2015

[notsure]

Yes, all of that happened yesterday. This is from the congressional record:

Mr. McCONNELL. Mr. President, I understand there is a bill at the desk, and I ask for its first reading.

The PRESIDING OFFICER. The clerk will read the bill by title for the first time.

The senior assistant legislative clerk read as follows:

A bill (S . 2232 ) to require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States, and for other purposes.

Mr. McCONNELL. I now ask for a second reading and, in order to place the bill on the calendar under the provisions of rule XIV, I object to my own request.

The PRESIDING OFFICER. Objection having been heard, the bill will be read for the second time on the next legislative day.


http://i.imgur.com/L1Q8RGo.png

[The Northbreather]

Could he have done this the day befor the next debate and ask the other candidates if they would support him ( whether or not they can vote) on live TV?

[limequat]

To all that criticized Rand for making nice with McConnell rather than going full Cruz retard...eat shit.

[opinionatedfool]

Could he have done this the day befor the next debate and ask the other candidates if they would support him ( whether or not they can vote) on live TV?

He didn't. probably not a good idea to warn about sneak attacks

[JK/SEA]

To all that criticized Rand for making nice with McConnell rather than going full Cruz retard...eat shit.

yep...some people play checkers, and Rand is playing 3-D chess...