Rand Paul’s ‘Audit The Fed’ Bill Revived By Republican Lawmakers With Trump’s Support
Here is my unbiased analysis of the Trump pushing for the FED to be audited: WOW!
After much more deliberation (at least 7.4 seconds) I have to add, "does he have a death wish?"
Seriously, this should (but it won't) end the talk inside alternative news circles that Trump is really an elitist working for the NWO and nothing of significance will change. I get it. I really do because I keep looking and examining and doubting EVERYTHING TRUMP...but the reality is, there isn't much there, at least that I have found. We have been lied to for decades by both parties and the media so it is hard to trust anyone or anything outside of the King James Bible. I mean before Bill Clinton, took office, we knew he was a crook and a thug. Before Obama took office, we knew he was a radical, with a very blurry past to be kind. Before Hillary ran for the Presidency we knew she was "crooked Hillary" and a traitor. We knew about Benghazi. Even with the Bush's there was always Prescott Bush in the family tree and Skull and Bones that raised eyebrows.
When it comes to Trump...we know he is crass.... filthy rich (as if that is a crime) he is a bull in a china shop, he can seemingly lack good taste.....there are a few questionable things....mainly to do with women and business and dare I say how he deals with the MSM? But nothing that speaks of him as a radical or as a criminal with an agenda to enrich himself and undermine the America. Quite the opposite, he funded tens of millions of dollars to run for the Presidency. And he has a lot of other things to LIKE, unlike the other three. In fact, some of us believe we need a bull in a china shop right now who isn't politically correct to help bulldoze Washington D.C. . Some of us call it courage.
But I digress...
Yes, I know, maybe Trump is just being shrewd because he knows that the Republican's will never pass such a bill some will say. But then, the House passed the bill already twice- 2012 and 2016. With Trump behind it, it could become reality.
Donald Trump is here to upset the apple cart, and the FED just might be the biggest apple in the cart.
By Laura Loomer
Donald Trump has yet again shown the American people that he is keeping his campaign promises, agreeing to support a bill in favor of auditing the Federal Reserve.
Kentucky senator Rand Paul has attempted to push an audit of the Federal Reserve multiple times, reintroducing his Federal Reserve Transparency Act again on Tuesday. The highly debated legislation would allow for the Government Accountability Office to review the fed’s monetary policy, something many have advocated for in Washington, including Paul, who described the Federal Reserve as being an “institution that has been far too long shrouded in secrecy”.
“No institution holds more power over the future of the American economy and the value of our savings than the Federal Reserve, yet Fed Chair Yellen refuses to be fully accountable to the people’s representatives. The U.S. House has responded to the American people by passing Audit the Fed multiple times, and President-elect Trump has stated his support for an audit. Let’s send him the bill this Congress”, said Sen. Paul in a press release.
Federal Reserve Chairwoman Janet Yellen has strongly opposed the bill, arguing that it would subject the Fed to excessive political pressure. However, with a Donald Trump presidency, the bill may become a reality as Republicans, who are overwhelming critical of the Federal Reserve, now control both the House and the Senate.
In February of 2016, Trump tweeted his support for auditing the Federal Reserve.
If the ‘Audit the Fed’ bill passes, the Government Accountability Office will have one year to audit the Federal Reserve’s Board of Governors and reserve banks, and 90 days to report back to Congress.
“Audit the Fed’ bill gets new push under Trump”
THE HILL, January 4, 2017
Controversial legislation to subject the Federal Reserve’s monetary policy powers to outside scrutiny is getting new life in Washington.
Rep. Thomas Massie (R-Ky.) and Sen. Rand Paul (R-Ky.) have re-introduced legislation to “Audit the Fed,” after a similar effort stalled in the last Congress.
But such a proposal, which has been vocally opposed by Federal Reserve Chairwoman Janet Yellen, may face its best odds ever of becoming law. Both chambers are controlled by Republicans long critical of the Fed’s policies, and President-elect Donald Trump has heaped scorn on the central bank since the beginning of his presidential campaign.
Paul specifically mentioned Trump in a statement about the bill Wednesday, making clear the measure’s proponents believe they have an ally in their cause coming to the White House.
“The U.S. House has responded to the American people by passing Audit the Fed multiple times, and President-elect Trump has stated his support for an audit. Let’s send him the bill this Congress,” said Paul.
Under the bill, the Fed’s monetary policy deliberations could be subject to outside review by the Government Accountability Office.