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Audit the Fed

Shahien Nasiripour

House Republicans Rebuke Federal Reserve For Highlighting Income Inequality | Shahien Nasiripour | Posted 02.25.2015 | Politics

House Republicans on Wednesday accused Federal Reserve Chair Janet Yellen of political bias, suggesting the central banker took her cues from the Obam...

Zach Carter

Leading Democrats Fight Rand Paul On Federal Reserve Transparency | Zach Carter | Posted 02.17.2015 | Politics

WASHINGTON -- Top progressive senators are running away from a bill authored by Sen. Rand Paul (R-Ky.) to audit both the Federal Reserve's monetary po...

Zach Carter

House Votes To Audit The Fed... And Deregulate Wall Street | Zach Carter | Posted 09.18.2014 | Politics

WASHINGTON -- The House of Representatives voted overwhelmingly to audit the Federal Reserve on Wednesday, a broadly bipartisan call for financial ref...

Rand Paul Threatens To Hold Up Fed Nominees

Reuters | Posted 07.12.2014 | Politics

WASHINGTON, May 12 (Reuters) - U.S. Senator Rand Paul threatened on Monday to slow the approval of three Federal Reserve nominees unless the Senate ...

Jennifer Bendery

House Overwhelmingly Passes Bill To Audit The Federal Reserve | Jennifer Bendery | Posted 07.26.2012 | Politics

WASHINGTON -- In a rare moment of bipartisanship, the House overwhelmingly passed a bill by Rep. Ron Paul (R-Texas) to audit the Federal Reserve. T...

Ryan Grim

Audit The Fed Bill On Track To Pass House | Ryan Grim | Posted 07.24.2012 | Politics

WASHINGTON -- An expansive bill to audit the Federal Reserve, sponsored by Rep. Ron Paul (R-Texas), is headed for a vote on the House floor Wednesday....

Ben Bernanke's Secret Global Bank

Mary Bottari | Posted 05.25.2011 | Business
Mary Bottari

Thanks to tremendous public pressure and the recently passed Wall Street reform bill, the U.S. Federal Reserve was forced to reveal the details of its emergency bailout of the financial sector for the first time yesterday.

Beware the Fine Print in the Obama Deficit Commission Report

Winslow T. Wheeler | Posted 05.25.2011 | Politics
Winslow T. Wheeler

Reading deficit reduction plans can be tricky. They must be read carefully and completely; it is easy to hide wolves and sheep in the skin of the other by using a few of the devices budget wonks have in their gimmick collections.

Memo to Tea Party Senators

Winslow T. Wheeler | Posted 05.25.2011 | Politics
Winslow T. Wheeler

Every base, installation, and weapons system has its own constituency. As a result of the pressures to preserve jobs and incomes, many defense decisions are made for parochial reasons.

The Pentagon Owes the United States $1 Trillion

Winslow T. Wheeler | Posted 05.25.2011 | Politics
Winslow T. Wheeler

For a trillion dollars of wasted defense spending over ten years we got a smaller Navy and Air Force and a tiny increase in the size of the Army.

Lies, Damned Lies, and Rupert Murdoch

Rep. Alan Grayson | Posted 05.25.2011 | Business
Rep. Alan Grayson

Well, we did it! We got an independent audit of the Federal Reserve ready for the President's signature. But if you happened to read Rupert Murdoch's Wall Street Journal on May 7, 2010, you would have heard a different story.

Ryan Grim

Alan Grayson To The Fed: 'We'll Be Back' | Ryan Grim | Posted 05.25.2011 | Business

The Wall Street reform package currently awaiting the return of Congress from the Fourth of July recess is packed with provisions that will remake the...

Friday Talking Points [122] -- Bikini Bottom Update

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

Since it's the Friday after month's-end, the new monthly unemployment numbers were released today. Which adds another bar to the "bikini bottom" char...

Arthur Delaney

Alan Grayson Def Comedy Jam: Congressman Rails On Fed From House Floor, Demands Audit (VIDEO) | Arthur Delaney | Posted 05.25.2011 | Politics

Rep. Alan Grayson (D-Fla.) mocked the Federal Reserve in what is best described as a standup comedy routine on the floor of the House of Representativ...

Arthur Delaney

Fed Audit Compromise Amendment Praised By Fed Critics | Arthur Delaney | Posted 05.25.2011 | Politics

A trio of prominent economists said in an email to HuffPost on Friday that the compromised version of an amendment to audit the Federal Reserve would ...

Ryan Grim

Reid Backs Breaking Up Banks, Auditing Fed | Ryan Grim | Posted 05.25.2011 | Business

Harry Reid will make sure that an amendment to break up megabanks and cap their size comes up for a vote, the Senate majority leader said. He added th...

Ryan Grim

Fed Audit Amendment Deal Struck In Senate | Ryan Grim | Posted 05.25.2011 | Business

Sen. Chris Dodd (D-Conn.) will cosponsor Sen. Bernie Sanders' (I-Vt.) amendment to audit the Fed, he said on the Senate floor Thursday afternoon, thou...

Sam Stein

White House Explains Opposition To Fed Audit Amendment, No Veto Threat | Sam Stein | Posted 05.25.2011 | Politics

The Obama administration offered to date its most direct opposition to an amendment to Wall Street reform legislation that would allow for an audit of...

Ryan Grim

Fed Transparency: Dorgan, Grassley Push Amendment To Disclose Spending | Ryan Grim | Posted 05.25.2011 | Business

A bipartisan pair of senators opened a second front in the fight to bring transparency to the Federal Reserve on Wednesday, introducing an amendment t...

Ryan Grim

Fed Privately Lobbying Against Audit, Documents Show | Ryan Grim | Posted 05.25.2011 | Business

The Federal Reserve is privately lobbying against a bipartisan Senate amendment that would open the central bank to an audit by the Government Account...

Ryan Grim

Fed Audit Amendment Gaining Momentum | Ryan Grim | Posted 05.25.2011 | Politics

A Senate amendment to open the Federal Reserve to a government audit continued to pick up support on Tuesday. Sen. Jeanne Shaheen (D-N.H.), who voted ...

Ryan Grim

Rahm Working With Fed To Beat Back Audit | Ryan Grim | Posted 05.25.2011 | Business

The White House, Federal Reserve and Wall Street lobbyists are kicking up their opposition to an amendment to audit the Fed as a Senate vote approache...

Ryan Grim

Broad Bipartisan Coalition Fighting Fed In Senate | Ryan Grim | Posted 05.25.2011 | Politics

As unusual a coalition as can be crafted in the Senate plans to fight for an amendment to the Wall Street reform bill that would open the Federal Rese...

Ryan Grim

Dodd Bill Would Allow Fed To Hide Its Spending | Ryan Grim | Posted 05.25.2011 | Business

The Wall Street reform bill headed for a test vote on the Senate floor Monday night will allow the Federal Reserve to continue to pump trillions of do...

How to Fix the Wall Street Reform Bill

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

Washington has tied itself in knots trying to find a way to thwart "too big to fail" without cutting megabanks down to size. It can't be done. When something is too big, the solution is to make it smaller.