Ron Paul: “Audit the Fed!”

Russia Today
Friday, July 17, 2009

Everyone loves money, but the U.S. Federal Reserve may be loving it a little too much and keeping it all to itself. Perhaps that’s why one of the hottest stories of the summer involves the Fed coming under fire.

The US Federal Reserve, which controls the nation’s monetary policy, has been pumping money into struggling firms to try and keep America’s head above water during the recession.

But there’s a growing call for the U.S. Central Bank to open its books and face heavier scrutiny. For example, Congressman Ron Paul is worried that the secretive way the Fed goes about it is damaging to the American people.

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