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80% Favor Auditing the Federal Reserve

Rasmussen [1]
May 28, 2010

Eighty percent (80%) of Americans now agree with Congress that auditing the Federal Reserve Board is a good idea, according to a new Rasmussen Reports national telephone survey.

Just nine percent (9%) oppose an audit of the Fed, and 12% more are not sure.

This marks little change from December [2]. But it’s up five points from last July [3] when Congressman Ron Paul’s proposal began to gain steam in Congress.

Fed Chairman Ben Bernanke has consistently opposed such an audit of the Fed’s monetary policies, but it’s included in the major financial regulatory legislation now being pushed through Congress. Forty-six percent (46%) of Americans oppose more government regulation of the U.S. financial system [4], but 37% are in favor of it. Just 27% favor giving the Fed more regulatory control over the financial system.

Investors support an audit of the Fed even more strongly than non-investors.

Full article here [1]

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