I am on the Financial Services Committee, and worked with former Congressman Ron Paul on his Audit the Fed bill as a cosponsor.
Since its founding in 1913, the Federal Reserve has enjoyed relative autonomy free from congressional oversight. Both the value and the purchasing power of the U.S. dollar are decided by this institution’s actions, and I am concerned about their closed-door decision making. It should not be allowed to operate under the veil of ‘independence.’
(August 2012) Michele’s Corner: Audit the Fed
(July 2012) House Passes Audit the Fed
(July 2009) Audit the Federal Reserve