Ron Paul`s `audit the Fed` bill coming up Tuesday - POLITICAL ECONOMY - Mineweb.com Tim Ahmann & Donna Smith:
July 21, 2012 - "The House of Representatives is expected to vote on Tuesday on a bill that would allow for a congressional audit of Federal Reserve monetary policy decisions.... The legislation proposed by Republican Representative Ron Paul, a long-time critic of the U.S. central bank and author of the book "End the Fed," has already gathered 274 co-sponsors, virtually guaranteeing passage.
"The Republican-led House will consider the bill under a fast-track procedure that requires a two-thirds majority, but nearly two-thirds of the House has already signed onto the bill.... Paul's son, Republican Senator Rand Paul, has introduced a companion bill in the Democrat-controlled Senate, but chances of success are remote given a less critical view of the central bank in that chamber."
Read more: http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=155542&sn=Detail&pid=102055
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July 21, 2012 - "The House of Representatives is expected to vote on Tuesday on a bill that would allow for a congressional audit of Federal Reserve monetary policy decisions.... The legislation proposed by Republican Representative Ron Paul, a long-time critic of the U.S. central bank and author of the book "End the Fed," has already gathered 274 co-sponsors, virtually guaranteeing passage.
"The Republican-led House will consider the bill under a fast-track procedure that requires a two-thirds majority, but nearly two-thirds of the House has already signed onto the bill.... Paul's son, Republican Senator Rand Paul, has introduced a companion bill in the Democrat-controlled Senate, but chances of success are remote given a less critical view of the central bank in that chamber."
Read more: http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=155542&sn=Detail&pid=102055
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