74 Percent of Americans Want to Audit the Federal Reserve
The latest Rasmussen poll out today shows that 74 percent of the American people want to audit the Federal Reserve. This latest poll is consistent with previous polling showing a vast majority of Americans desire greater Federal Reserve transparency.
“With no doubt that the American people support a full audit of the Federal Reserve, the only question that remains is how long will Harry Reid continue to ignore the will of the people?” said Campaign for Liberty President John Tate.
Campaign for Liberty continues to push for a full audit of the Federal Reserve.
Ron Paul’s Audit the Fed bill, H.R. 459, gained 274 cosponsors and passed the House of Representatives in the 112th Congress on July, 25, 2012, by an overwhelming three-fourths majority of 327-98, after a nationwide grassroots mobilization effort led by Campaign for Liberty. The legislation 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.”
Last Congress, Senator Rand Paul (R-Ky) introduced companion legislation, S.202, which gained 37 cosponsors. Senate Majority Leader 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.
Congressman Paul Broun (R-Ga) reintroduced Dr. Paul’s Audit the Fed bill in January of this year as H.R 24, “The Federal Reserve Transparency Act of 2013” in the 113th Congress. The bill currently has 172 cosponsors. Senator Rand Paul has again introduced companion legislation, S. 209, which currently has 27 cosponsors. Senator Rand Paul has also placed a hold on the nomination of Janet Yellen to be the next Fed Chair until Harry Reid finally agrees to hold an up or down, roll call vote on the bill.