invite responseComments 1 - 12 of 12 Search these comments
indigenous
2015 Feb 23, 8:55am
The next to last paragraph seems to hold some insight - "a sign that the banking industry, which sends more money to the Republican party, may be cautious about a lightening-rod issue that can pit Main Street against Wall Street."
But the TBTFs hedge their bets with both parties.
I would think that there might be a PR campaign by the centralized banks that absolutely have something to fear. Not the least of which on how the Fed vets banks approval for expansion, which is unbelievable.
MisdemeanorRebel
2015 Feb 23, 9:11am
Why would bankers be concerned about an audit the Fed bill?
The don't want us to know:
The don't want us to know:
Perhaps. And I know community banks may be members of the Fed, but not all. But accepting your premise, that the audit would also examine gold holdings, why should the community banks care?
HeadSet
2023 Feb 8, 9:08pm
http://www.valuewalk.com/2015/02/fed-rand-paul/
The Federal Reserve is fighting back against Senator Rand Paul’s proposed legislation to audit the Fed.
When the Kentucky Republican presidential candidate introduced the legislation last month that would audit the activities of the Fed, it ultimately garnered 30 legislative co-sponsors. For its part the Fed, which has long enjoyed operating in the shadows, wants to keep it that way.
#politics