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Thread: Steve Stockman introduces Audit the Fed legislation

  1. #1

    Steve Stockman introduces Audit the Fed legislation

    Stockman (R-Texas) also introduced Thursday legislation, “The Audit The Fed” which would require an audit of the Federal Reserve.

    The Federal Reserve is too big to be allowed to operate in secrecy. Congress has a right to know how the Fed operates and where the money is going. The Constitution clearly gives Congress the authority to regulate our monetary system, yet we are not allowed to even see the books. An audit of the Federal Reserve is a first step toward restoring our Constitutional Republic,” said Stockman.

    An “Audit The Fed” bill previously sponsored by Rep. Ron Paul (R-Texas) passed the House 327-98 in July 2012. A Rasmussen poll shows 80 percent of Americans support it.

    The bill is HR 33.
    http://www.thevindicator.com/news/ar...a4bcf887a.html

    Text is not yet available.



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  3. #2
    Wonder if he also introduced the Sanctity of Life Act which he wrote and Ron introduced every Congress after Stockman lost re-election.

  4. #3
    Paul Broun also offered up Audit the Fed legislation. His bill is identical to Ron's and its HR 24.

    Broun Reintroduces ‘Audit the Fed’ Bill, Says He’ll Pick Up Where Ron Paul Left Off

    Washington, Jan 3 - U.S. Congressman Paul Broun, M.D. (GA-10) today released the following statement after reintroducing H.R. 24, the “Audit the Fed” legislation originally authored and championed by former Congressman Ron Paul (R-TX). The bill would require a full audit by the U.S. Comptroller General of the Board of Governors of the Federal Reserve and the Federal Reserve banks. Broun is currently circulating the bill amongst other Members of the House of Representatives for support.

    “I first want to thank Congressman Ron Paul for his tireless and unwavering dedication to auditing the Federal Reserve. His efforts paid off when the House passed his legislation with overwhelming bipartisan support during the 112th Congress. This accomplishment in itself marked the most significant stride made toward bringing real transparency to the nation’s monetary policy. Unfortunately, as has become the status quo, the do-nothing Senate failed to act on the bill before the end of the 112th Congress, causing it to flat line.

    “Moving forward, my plan is to pick up right where Congressman Paul left off. Our economy is far from recovering, and the recent fears regarding the potential impacts of the ‘fiscal cliff’ and its aftermath prove that the American people must continue to demand transparency from the entity charged with ensuring stable economic and monetary policy. While measures requiring partial audits of the Fed have become law in recent years, it’s clear that current policy does not go far enough. I am honored to carry on one of Rep. Paul’s legacies, as well as his efforts to advocate for a full audit of the Fed, which remains as active – and as closely-guarded – as ever.”

    Rep. Broun’s version of the bill, H.R. 24, is identical to Rep. Paul’s bill, H.R. 459, which passed the House resoundingly last Congress 327-98 votes with 274 cosponsors.
    http://broun.house.gov/news/document...umentID=316281

  5. #4
    Quote Originally Posted by Confederate View Post
    Wonder if he also introduced the Sanctity of Life Act which he wrote and Ron introduced every Congress after Stockman lost re-election.
    Not yet, but he has said he will.

  6. #5

    Broun, Stockman introduce Audit the Fed bills


  7. #6
    Rough though, that Broun and Stockman are leading this, since both voted against Boehner as Speaker today. I'm betting the bill doesn't see the House floor for that reason, unfortunately....
    Quote Originally Posted by PaulConventionWV View Post
    You're not making the claim that there's no objective best diet, are you?
    [SIGPIC][/SIGPIC]

  8. #7

  9. #8
    Quote Originally Posted by SpreadOfLiberty View Post
    Not yet, but he has said he will.
    Is this (the fed bill) Ron's same text? I just want to double check. However, this is excellent.
    "Integrity means having to say things that people don't want to hear & especially to say things that the regime doesn't want to hear.” -Ron Paul

    "Bathtub falls and police officers kill more Americans than terrorism, yet we've been asked to sacrifice our most sacred rights for fear of falling victim to it." -Edward Snowden



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  11. #9
    Quote Originally Posted by green73 View Post
    retweeted and following. I'm going to check the bill language, though...
    "Integrity means having to say things that people don't want to hear & especially to say things that the regime doesn't want to hear.” -Ron Paul

    "Bathtub falls and police officers kill more Americans than terrorism, yet we've been asked to sacrifice our most sacred rights for fear of falling victim to it." -Edward Snowden

  12. #10
    Quote Originally Posted by SpreadOfLiberty View Post
    here's his twitter profile so people can follow: https://twitter.com/SteveStockmanUS

    now Ron is gone he is billing himself as 'the most conservative Congressman in Texas'
    "Integrity means having to say things that people don't want to hear & especially to say things that the regime doesn't want to hear.” -Ron Paul

    "Bathtub falls and police officers kill more Americans than terrorism, yet we've been asked to sacrifice our most sacred rights for fear of falling victim to it." -Edward Snowden

  13. #11
    Quote Originally Posted by sailingaway View Post
    here's his twitter profile so people can follow: https://twitter.com/SteveStockmanUS
    now Ron is gone he is billing himself as 'the most conservative Congressman in Texas'
    I'm glad his district includes part of Ron's old district. I'm also glad I donated to his campaign.

  14. #12
    Quote Originally Posted by sailingaway View Post
    I'm going to check the bill language, though...
    Texts for both bills aren't available yet but Broun said in his press release that it is the exact same bill as Ron's.

    Broun has cosponsored Stockman's bill. I think the House Rules will make one go away and we'll have one bill if both are exactly the same.

  15. #13
    Quote Originally Posted by tsai3904 View Post
    Texts for both bills aren't available yet but Broun said in his press release that it is the exact same bill as Ron's.

    Broun has cosponsored Stockman's bill. I think the House Rules will make one go away and we'll have one bill if both are exactly the same.
    thanks!

    because we've sure seen audit bills that weren't *cough* MelWatt *cough*
    "Integrity means having to say things that people don't want to hear & especially to say things that the regime doesn't want to hear.” -Ron Paul

    "Bathtub falls and police officers kill more Americans than terrorism, yet we've been asked to sacrifice our most sacred rights for fear of falling victim to it." -Edward Snowden

  16. #14
    Quote Originally Posted by sailingaway View Post
    retweeted and following. I'm going to check the bill language, though...
    "The text of H.R. 24 is identical to that of H.R. 459"

    http://www.campaignforliberty.org/na...13th-congress/

  17. #15
    Quote Originally Posted by green73 View Post
    "The text of H.R. 24 is identical to that of H.R. 459"

    http://www.campaignforliberty.org/na...13th-congress/
    "Integrity means having to say things that people don't want to hear & especially to say things that the regime doesn't want to hear.” -Ron Paul

    "Bathtub falls and police officers kill more Americans than terrorism, yet we've been asked to sacrifice our most sacred rights for fear of falling victim to it." -Edward Snowden

  18. #16
    Quote Originally Posted by malkusm View Post
    Rough though, that Broun and Stockman are leading this, since both voted against Boehner as Speaker today. I'm betting the bill doesn't see the House floor for that reason, unfortunately....
    Maybe Bentivolio should introduce it.
    Libertarian Republican trying to help break the one-party state in Massachusetts

    Looking for new liberty candidates for 2014 and beyond



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  20. #17
    Quote Originally Posted by malkusm View Post
    Rough though, that Broun and Stockman are leading this, since both voted against Boehner as Speaker today. I'm betting the bill doesn't see the House floor for that reason, unfortunately....
    actually, that is a way to see if Boehner is getting the message. To not bring for a vote a bill that passed with such overwhelming support in the last congress would be eyebrow raising, and we could make sure it was.
    "Integrity means having to say things that people don't want to hear & especially to say things that the regime doesn't want to hear.” -Ron Paul

    "Bathtub falls and police officers kill more Americans than terrorism, yet we've been asked to sacrifice our most sacred rights for fear of falling victim to it." -Edward Snowden



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