TITLE

The Case for Auditing the Federal Reserve Bank Is Obvious

AUTHOR(S)
Kling, Arnold
PUB. DATE
July 2010
SOURCE
USA Today Magazine;Jul2010, Vol. 139 Issue 2782, p14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The author focuses on the legislative bill H.R. 1207 or the Federal Reserve Transparency Act, proposed by Texas Republican Representative Ron Paul, which calls for an audit of the U.S. Federal Reserve System (FRS) before the end of 2010. The audit of the FRS' profit or loss would provide a very helpful indicator of whether the FRS' actions served the economy as a whole. The bill also calls for the alteration of the structure or personnel selection of the FRS.
ACCESSION #
52418677

 

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