A few set-backs for HR 1207 over the past couple of weeks and then…
Ron Paul and Alan Grayson introduce an amendment that gets the audit back on track and closer to exposing the banking cartel for what it is…
Fox News continues the media blackout but, the Wall Street Journal reports…
House Attacks Fed, Treasury – WSJ.com
WASHINGTON — Political frustration over the rescue of Wall Street and high unemployment erupted in the House Thursday, with one committee threatening to impose tighter scrutiny on the Federal Reserve and another trading verbal insults with Treasury Secretary Timothy Geithner.
The House Financial Services Committee voted, 43-26, to approve a measure sponsored by Texas Republican Ron Paul, vociferously opposed by the Fed, that would direct the congressional Government Accountability Office to expand its audits of the Fed to include decisions about interest rates and lending to individual banks. The Fed says the provision threatens its ability to make monetary policy without political interference.
read full article here…House Attacks Fed, Treasury – WSJ.com.
Here is video of Congressman Ron Paul introducing the amendment to restore HR1207….
These are Congressman Alan Grayson’s comments..
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