WASHINGTON — The Senate voted 96 to 0 Tuesday to open the secretive Federal Reserve Board's emergency lending practices to a congressional audit, as well as require a detailed disclosure of who's getting the funds.
"We are on the verge of lifting the veil of secrecy on perhaps the most important government agency in the United States of America,” said amendment sponsor Sen. Bernard Sanders, Ind.-Vt., "an agency which has control and spends trillions of dollars. They do it behind closed doors."
And now, I would like to thank someone who has been proposing to audit the Fed for more than 20 years, and who never wavered from this proposal, which he repeatedly introduced into the House. Once called "crazy", this proposal is now passed by a unanimous vote in the Senate.
Thank you, Ron Paul.
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