The Federal Reserve Transparency Act would eliminate restrictions on GAO audits of the Federal Reserve and open Fed operations to Congressional oversight. Additionally, audits could include discount window operations, open market operations, and agreements with foreign central banks, such as the ongoing dollar swap operations with European central banks.
More Power for the Fed
- Post author:The Daily Bell
- Post published:July 7, 2010
- Post category:Education / Network Archives
Tags: Austrian economics, CLibertyC CLCs, constitutional liberty coalition, Daily Bell, free enterprise, limited government, The Daily Bell
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