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IPFS News Link • Federal Reserve

Federal Reserve Policy Audit Legislation ‘Gutted,’ Paul Says

• Bloomberg
Representative Ron Paul, the Texas Republican who has called for an end to the Federal Reserve, said legislation he introduced to audit monetary policy has been “gutted” while moving toward a possible vote in the Democratic-controlled House.

“There’s nothing left, it’s been gutted,” Dr.Paul said in a telephone interview. “This is not a partisan issue. People all over the country want to know what the Fed is up to, and this legislation was supposed to help them do that.”