The Federal Reserve is the central banking system of the US government. The main goal of the bank is to manage the US government’s money supply and stabilize the nation’s banks during panics and recessions. In 2015, Senator Rand Paul (R-KY) and Congressman Thomas Massie (R-KY) introduced the Federal Reserve Transparency Act of 2015 which would require the bank’s board of governors to conduct an audit and release it to Congress. An audit would determine if the accounting records the bank makes public are true and give Congress an insight into how the bank is run. Senator…
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@8RBQDDP3yrs3Y
Yes, perhaps in some cases but it should remain independent and we should look into returning to the gold standard
@7PTCG383yrs3Y
Yes, but have the audit conducted by an independent, non-governmental agency with the results submitted in a documented report to Congress
@7PTCG383yrs3Y
Yes, but have the audit completed by an independent non-governmental agency, with the results submitted in a report to Congress for review
@7PTCG384yrs4Y
No, have the audit conducted by a non-governmental agency to avoid bias, with the results compiled in a report and presented to Congress for review
@7PTCG384yrs4Y
No, the audit should be conducted by a non-governmental agency to avoid bias, with the results compiled in a report and presented to Congress for review
@7PTCG383yrs3Y
No, they are already audited by the government accountability office, and the bank must remain independent of Congressional oversight in order to stabilize our financial system
@7PTCG383yrs3Y
No, the audit should be completed by a neutral, non-governmental agency with the results submitted in a documented report to Congress
@7PTCG384yrs4Y
No, have the audit conducted instead by a non-governmental agency to avoid bias, with the results compiled in a report and presented to Congress for review
@7PTCG384yrs4Y
No, the audit should be conducted by a non-governmental agency to avoid bias, with the results compiled in a report and presented to Congress for review.
@7PTCG385yrs5Y
No, the bank should be audited by an independent, non-governmental agency with its findings presented in a detailed report to Congress.
@7PTCG384yrs4Y
No, the bank should be audited by an independent, non-governmental agency with its findings presented in a detailed report to Congress
@7PTCG383yrs3Y
Yes, this has become necessary after the role the bank played in the 2008 fiscal crisis
@7PTCG383yrs3Y
No, the government accountability office already audits the bank
@7PTCG383yrs3Y
No, but Congress should review the periodic audits of the bank's transactions that are conducted by the government accountability office
@7PTCG383yrs3Y
No, but Congress should review the periodic audits that are conducted by the government accountability office which show all transactions of who the bank gave money to
@7PTCG383yrs3Y
No, it should be audited by a non-governmental agency with the results submitted in a report to Congress
@7PTCG383yrs3Y
Yes, but have the audit conducted by a non-governmental agency with the results submitted in a report to Congress
@7PTCG383yrs3Y
Yes, but have the audit conducted by an independent, non-governmental agency, with the results submitted to Congress in a documented report for review
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