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Monetary Policy Subcommittee: IMF & Gold Pt. 2 – 06/23/11

 

Monetary Policy Subcommittee: IMF & Gold Pt. 2 – 06/23/11


Rep. Paul questions The Honorable Eric M. Thorson Inspector General, Department of the Treasury, regarding gold holdings pledged to the IMF. The focus of the hearing is on recent audits of US gold reserves; challenges to conducting a full audit; and impediments to an accurate assessment of the US gold position, including any leases, swaps or other encumbrances placed upon the gold reserves; and also examine changes to the legislative proposal that will ensure a full and accurate audit, assay, and inventory of US gold reserves.


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