House of Representatives approves Audit of Fed

Discussion in 'Markets & Economies' started by rbaggio, Jul 26, 2012.

  1. rbaggio

    rbaggio Active Member Silver Stacker

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    The vote was 327-98. Full story here: http://www.businessweek.com/news/20...sed-by-bernanke-approved-by-u-dot-s-dot-house

    Now onto the next step ..... the Senate.

    Senate Majority Leader Harry Reid has said that the Senate will not consider the legislation, virtually guaranteeing that it will never become law.

    Yet here is Harry Reid, in 1995, wanting to audit the Fed.

    [youtube]http://www.youtube.com/watch?v=oXOsZ7Ad7dM[/youtube]

    What happened, Harry????
     

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