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(1) transactions for or with a foreign central bank, government of a foreign country, or nonprivate international financing organization;
(2) deliberations, decisions, or actions on monetary policy matters, including discount window operations, reserves of member banks, securities credit, interest on
Deposits, and open market operations;
(3) transactions made under the direction of the Federal Open Market Committee; or
(4) a part of a discussion or communication among or between members of the Board and officers and employees of the Federal Reserve System related to clauses (1)–(3) of this subsection.
originally posted by: buckwhizzle
If Congress audited the Fed and found them wanting,wouldn't that power revert back to Congress?Why wouldn't they want that power?
From: Ted Cruz
Date: January 13, 2016 at 7:50:37 AM CST
To: "Beck, Glenn"
Subject: Re: Urgent Can I get a comment
I strongly support auditing the Fed. Indeed, I was an original co-sponsor of Ron Paul's Audit the Fed bill. Unfortunately, it was clear early on that yesterday's vote wasn't going to succeed (it fell 7 votes short). And, at the same time that the vote was scheduled, I had longstanding commitments to be in New Hampshire -- for a Second Amendment rally, and a 1500- person State of the Union town hall. If my vote would have made a difference in it passing, I would have cancelled my campaign events to be there. Because the vote was not going to succeed, I honored my commitments to be with the men and women of New Hampshire.
As President, I look forward to signing Audit the Fed legislation into law.
Sent from my iPhone
I read the other day about Cruz's loans from Goldman Sachs for his campaign and something about him not properly disclosing it and yada yada yada. Truth be told I couldn't care less but thanks to Swann I learn Cruz didn't show this week to vote for a bill he co sponsored? Seriously? Why? What the hell? He goes on rants about the federal reserve, co sponsors the bill with Paul but doesn't show up to vote? Too busy to do your job, a job you created for yourself? Good lord!
Is this guy some kind of wolf in sheep's clothing? Is he working for the Big Banks? If not, at the least this says something about his character and just one more reason I would never vote for him.