The Marriner S. Eccles Federal Reserve Board Building (photo via Wikimedia Commons, CC BY-SA 3.0)

Rand’s Audit the Fed Wins New Respect


The Marriner S. Eccles Federal Reserve Board Building - Washington, DC
The Marriner S. Eccles Federal Reserve Board Building – Washington, DC

The Hill is reporting Sen. Rand Paul’s “Audit the Fed” bill is gaining momentum:

“The ‘Audit the Fed’ movement has grown from an oddball pet project of former Rep. Ron Paul (R-Texas) into legislation that was passed with broad bipartisan majorities in the House two Congresses running, before stalling in Democratic-led Senates,” notes The Hill, which calls the prospect of Congress passing the measure “more real than it has ever been before.”

The Hill, and presumably pro-Fed Democrats, are particularly perturbed by the fact that one Democrat, Hawaii’s Sen. Mazie Hirono, has signaled support for the bill, with an argument based not so much on objections to its policies as support for more transparency: “While the Fed must make its monetary policy decisions based on data, not on politics, we owe it to Hawaii’s middle-class families, small businesses, and others that suffered so much to give them a full accounting of those actions,” Sen. Hirono said in a statement.

Paul Dupont is a legislative assistant at American Principles in Action.

Paul Dupont

Paul Dupont is editor of

Stay Connected With Us.

Big Tech keeps banning or shadow-banning us, so we have to keep innovating.

Drop me your e-mail, so they can't keep hiding our work from you.

Raheem Kassam

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

The National Pulse. will use the information you provide on this form to be in touch with you and to provide updates and marketing.