Fed Backers Worried by Ron Paul's "Audit the Fed" Bill

August 2009
New American (08856540);8/17/2009, Vol. 25 Issue 17, p6
The article reports on the concern of towards the recommendation of Congressman Ron Paul to audit the Federal Reserve in July 2009. It mentions that it stimulated more than 250 economists, academicians and investment bankers to write an Open Letter to Congress and the executive branch. Their letter claimed that the independence of the country's monetary policy is at risk because of the demands for an audit of the system. Signers of the letter are also mentioned.


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