Holding the Line on Audit the Fed
Following up on Norm’s blog post noting Tuesday’s cloture vote on three nominees (with one being a renomination) to the Federal Reserve Board of Governors, here’s Senator Rand Paul’s press release reiterating his intention to keep opposing Fed nominees until Senate Majority Leader Harry Reid finally holds a vote on S. 209, the Audit the Fed bill:
Sen. Paul Continues to Object to Federal Reserve Nominations
Demands for Vote on the Federal Reserve Transparency Act
WASHINGTON, D.C. – Sen. Rand Paul today declared his intent to object to the pending nominations to the Federal Reserve System unless S. 209, the Federal Reserve Transparency Act, is also considered. Sen. Paul has requested consideration of the Federal Reserve Transparency Act for four consecutive years and will continue to oppose all Federal Reserve nominations until this legislation is considered.
“The American people have a right to know what this institution is doing with the nation’s money supply. The Federal Reserve does not need prolonged secrecy—it needs to be audited, and my bipartisan Federal Reserve Transparency Act will do just that,” Sen. Paul said.
As Norm mentioned in his post, you can urge the Senate to stand with Rand on Audit the Fed by calling your senators today and asking them to vote against cloture on all Fed nominees until Audit the Fed gets its vote!