Originally posted February 6, 2013 by Megan Stiles
On Monday, Senator Rand Paul, (R-KY) introduced S. 209, Ron Paul’s Audit the Fed bill, which calls for a “full audit of the Board of Governors of the Federal Reserve System and the Federal Reserve banks by the Comptroller General of the United States.”
The bill is identical to Congressman Ron Paul’s Audit the Fed bill, H.R. 459, which gained 274 cosponsors in the 112th Congress and passed the House of Representatives last July by an overwhelming three-fourths majority of 327-98 after a nationwide grassroots mobilization effort led by Campaign for Liberty.
Last Congress Senator Paul introduced companion legislation, S. 202, which gained 37 cosponsors. Harry Reid refused to allow ‘Audit the Fed’ to be brought to the floor for a vote despite repeatedly calling for an audit of the Federal Reserve throughout his career.
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