Rand Paul

Senator Rand Paul (R-KY) has re-introduced his “Audit The Fed” bill, titled the Federal Reserve Transparency Act of 2015. A press release from Paul states:

Known widely as “Audit the Fed,” the bill calls to eliminate restrictions on Government Accountability Office (GAO) audits of the Federal Reserve and mandate that the Federal Reserve’s credit facilities, securities purchases, and quantitative easing activities would be subject to Congressional oversight.

“A complete and thorough audit of the Fed will finally allow the American people to know exactly how their money is being spent by Washington,” Paul said in his statement. “The Fed’s currently operates under a cloak of secrecy and it has gone on for too long. The American people have a right to know what the Federal Reserve is doing with our nation’s money supply. The time to act is now.”

The bill has 30 co-sponsors, including Sen. Ted Cruz (R-TX), Sen. Marco Rubio (R-FL) and new Senate Majority Leader Mitch McConnell (R-KY).

With Republicans now in control of both the House and the Senate, Paul’s bill has been reported to have a greater likelihood of gaining approval, although it is unlikely that President Obama would sign it. Last month, Federal Reserve Chairwoman Janet Yellen said she would “forcefully” challenge efforts to pass Audit the Fed legislation.

“It’s important to make sure that we can make the decisions we think are best free of short-run political interference with respect to monetary policy,” Yellen said on December 17th of last year. “History shows not only in the United States, but around the world, that central bank independence promotes better economic performance.”

The Federal Reserve Transparency Act of 2015 can be read here.

 

  • CharlestonVoice

    Sadly, Rand’s only clearing his throat before his neocon Zionist karma shows thru the fog.

  • NJ voter

    We heard enough about auditing the Fed . It’s time to get it done. Go Rand…

  • Rufus Peckham

    DOA at Bankster Puppets’ desk.

  • Paul Time

    Get more Rand Paul news at RandomPaul.com

    • r3VOLution is not republican

      I wonder… why isn’t the site address “RandomRand?” It’s available, right?

      • fuhkafyabij

        Don’t worry about it. Pretty soon it will be whitehouse.gov

        • r3VOLution is not republican

          ***SPOILER ALERT***

          Rand “playin’ the game” Paul WILL NEVER BE NOMINATED. He is being used ONLY TO BLOCK EXODUS TO THIRD PARTIES. This is why he’s labeled a “libertarian”… HE’S CO-OPTING AN ENTIRE POLITICAL PARTY!!!!!!!!!!!! After Rand has sapped all energy from POTENTIAL third party voters by sucking them into HIS decoy campaign, CLEARING THE RUNWAY FOR THE CHEAT-NOMINATED RINO, he will bow out. His decoy campaign will also restore credibility to FAKE-conservatives like Hannity. They will say “I wanted Rand but got Jeb… nuthin’ else we can do… ANYBODY BUT HILLARY… GOTTA GET BEHIND BETTER EVIL JEB!” Jeb Bush will be CHEAT-nominated (Rand will happily endorse) and win.

          BUT WAIT, THERE’S MORE!
          As Jeb “wins” 2016, the MARXIST republican party will STRATEGICALLY LOSE either the House, Senate or both… thus PRESERVING the manufactured “powerlessness.”

          Rand is the KEY to this version of 2016! We can IGNORE RAND, get behind a REAL LIBERTARIAN AND FIGHT FOR AMERICA’S FUTURE… or we can support Rand to elect Jeb.

  • pacman925

    http://www.liveleak.com/view?i=266_1386891384

    Ken O’Keefe “Time to arrest traitors in White House/Congress” – END THE FED!
    Read more at http://www.liveleak.com/view?i=266_1386891384#6PFOpqGlf0O4HXRd.99

    “It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” — Henry Ford

    “A great industrial nation is controlled by it’s system of credit. Our system of credit is concentrated in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the world– no longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by the opinion and duress of small groups of dominant men.” — US President Woodrow Wilson

    “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom
    it properly belongs.” — Thomas Jefferson, U.S. President.

    “Give me control of a nation’s money and I care not who makes it’s laws.”– Mayer Amschel Bauer Rothschild

    “Whoever controls the volume of money in any country is absolute master of all industry and commerce.” — James A. Garfield, President of the United States

    “History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money
    and it’s issuance.” — James Madison, U.S. President

    “We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it.” — Congressman Louis T. McFadden, 1932 (Rep. Pa)
    Read more at http://www.liveleak.com/view?i=266_1386891384#6PFOpqGlf0O4HXRd.99

  • Another election cycle, another failed audit the Fed Bill. Maybe the traitors in D.C. will finally audit the Fed once they’ve totally devalued the US dollar and completely loot and bankrupt America? Who are we kidding, the globalist anti-American agents in DC will just point fingers across the corporate isle and blame the “left” and “right” office staff on TV and brain dead Americans will continue to pretend to “elect” their representatives…free-dumb.

  • Don’tYouGetItYet?

    If this isn’t the most absurd, insane bunch of sh#t:

    “Last month, Federal Reserve Chairwoman Janet Yellen said she would
    “forcefully” challenge efforts to pass Audit the Fed legislation.

    “It’s important to make sure that we can make the decisions we think
    are best free of short-run political interference with respect to
    monetary policy,” Yellen said
    on December 17th of last year. “History shows not only in the United
    States, but around the world, that central bank independence promotes
    better economic performance.””

    Do you need any more proof that our government has been “co-opted”???????? What happened to the Constitution? How much debt is this country in? We have to “introduce bills” to audit our own money system? Can’t see the gold in Ft. Knox? Yeah, nothing strange about any of this. Who is running this country anyways?

  • End The Fed

    Forget an audit. END THE FED! And its actually quite easy to do. Stop participating in their scam! endthefed.org is a good resource to share with the uninformed.

  • patriot156

    good but end the fed would be better.