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Vote Alert: Audit the Federal Reserve

Conservative Review

This legislation would have required the Comptroller of the United States to audit the Federal Reserve and provide a report to Congress on Federal Reserve activity. This amendment came at a time when the Federal Reserve's balance sheet was the largest in history and continued to keep interest rates at non-existent levels to increase inflation. The goal of this legislation was to provide transparency to an opaque decision making process and a stepping stone to sound monetary policy. While the bill passed the House 327-98 on July 25, 2012, it never passed the Senate.

To see how your elected officials stack up or other votes that comprise the Liberty Score, view our full scorecard here.

Conservative position: YES

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