Thursday, March 26, 2009

Bunning: Audit the Federal Reserve

Sen. Jim Bunning joined Sen. Russ Feingold and Sen. Bernie Sanders in sponsoring a budget amendment to force an audit of the Federal Reserve. The amendment would also require the Fed to say who it lends money to:
"The Federal Reserve has been printing money that the United States government doesn’t have the backing for and handing it out to banks with no accountability to the American taxpayers. I have asked the Fed repeatedly to disclose who is benefitting from all this printed money, but have yet to receive an answer."