~ Audit The Fed, this bill would order the Government - TopicsExpress

~ Audit The Fed, this bill would order the Government Accountability Office, which is Congress’s chief investigative arm, to review the Fed’s decision-making — particularly on monetary policy. Congress established the Federal Reserve nearly a century ago. The system, which consists of a board of governors and 12 regional banks, act as lenders of last resort to the country’s banking system, and it is charged both with fighting inflation and with promoting economic growth and employment while being completely secretive.

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