Audit would harm country, Fed vice chair warns

Kohn Warns Against Political Interference in Fed By Alister Bull and Emily Kaiser, Reuters WASHINGTON — Federal Reserve Vice Chairman Donald Kohn on Thursday launched a robust defense of the U.S. central bank’s independence and warned that efforts to put monetary policy under political sway would hurt the economy. Curbing the Fed’s independence could both [...]

Audit the Fed, Then End It!

By  Dr. Ron Paul, Goldseek I have been very pleased with the progress of my legislation, HR 1207, which calls for a complete audit of the Federal Reserve and removes many significant barriers towards transparency of our monetary system. This bill now has nearly 170 cosponsors, with support from both Republicans and Democrats. Senator Bernie [...]