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Published on 01-10-2024 11:20 AM
Dr. Rand Paul Reintroduces “Audit the Fed”
WASHINGTON, D.C. – Today, U.S. Senator Rand Paul (R-KY) reintroduced the Federal Reserve Transparency Act or the “Audit the Fed” bill, to prevent the Federal Reserve from concealing vital information on its operations from Congress.
“No institution holds more power over the future of the American economy and the value of our savings than the Federal Reserve,” said Dr. Paul. “It’s long past time for Congress to stop shirking its duty and hold the Federal Reserve accountable.”
The legislation is currently cosponsored by Senators Todd Young (R-IN), Mike Lee (R-UT), Ted Cruz (R-TX), Mike Braun (R-IN), Jim Risch (R-ID), Chuck Grassley (R-IA), Roger Marshall (R-KS), John Barrasso (R-WY), and Marsha Blackburn
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