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"I agree with [Fed] Chairman [Ben] Bernanke that congressional review of the Fed's monetary policy decisions would be a 'nightmare scenario,' especially judging by the track record of this Congress when it comes to governing effectively. "Unfortunately … we in Congress have shown too frequently our inability in a political environment to make tough choices," Hoyer said.
A bipartisan bill requiring broader operational audits of the U.S. Federal Reserve is poised to pass the House Wednesday.
Originally posted by CALGARIAN
IT was passed!! Yet, I can see your Democrat Senate shutting it down for sure.
Also, who is going to do the Audit? GAO? loledit on 25-7-2012 by CALGARIAN because: (no reason given)