Barney Frank: Fed audit bill will pass in October

Discussion in 'Congress' started by Kevin_Kennedy, Aug 28, 2009.

  1. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Barney: Fed audit bill will pass in October - Glenn Thrush - POLITICO.com

    Likely to be watered down, I assume.
     
  2. ba1614
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    ba1614 Silver Member

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    Likely, but it's a start, hopefully. I'll give Barney credit where it's due, once we've seen the bill and he's followed through on it.
     
  3. Toro
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    Toro Diamond Member

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    I'm not sure what is in the audit bill, but there should be no audit of the FOMC decisions. Injecting politics into the setting of interest rates is a tremendously bad idea.
     
  4. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Setting interest rates artificially is a tremendously bad idea.
     
  5. ba1614
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    ba1614 Silver Member

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    I don't want that either, I would like the books opened up though.
     

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