Stockman introduces Audit The Fed Act

WASHINGTON -- Congressman Steve Stockman (R-Texas) introduced Thursday “The Audit The Fed Act” which would require an audit of the Federal Reserve.

"The Federal Reserve is too big to be allowed to operate in secrecy. Congress has a right to know how the Fed operates and where the money is going.  The Constitution clearly gives Congress the authority to regulate our monetary system, yet we are not allowed to even see the books.  An audit of the Federal Reserve is a first step toward restoring our Constitutional Republic,” said Stockman.

An “Audit The Fed” bill previously sponsored by Rep. Ron Paul (R-Texas) passed the House 327-98 in July 2012.  A Rasmussen poll shows 80 percent of Americans support it.

The bill is HR 33.

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