{"id":3841,"date":"2015-01-01T17:14:48","date_gmt":"2015-01-01T22:14:48","guid":{"rendered":"http:\/\/olduvai.ca\/?p=3841"},"modified":"2015-01-01T17:14:48","modified_gmt":"2015-01-01T22:14:48","slug":"audit-the-fed-bill-gains-momentum-yellen-starts-damage-control-zero-hedge","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=3841","title":{"rendered":"&#8220;Audit The Fed&#8221; Bill Gains Momentum, Yellen Starts Damage Control | Zero Hedge"},"content":{"rendered":"<p><a href=\"http:\/\/www.zerohedge.com\/news\/2015-01-01\/audit-fed-bill-gains-momentum-yellen-starts-damage-control\">&#8220;Audit The Fed&#8221; Bill Gains Momentum, Yellen Starts Damage Control | Zero Hedge<\/a>.<\/p>\n<p style=\"margin-top: 0.25em; margin-bottom: 0.75em; display: block;\">After years of being blocked by Democratic leader Harry Reid,\u00a0<a style=\"text-decoration: none; color: #1e439a;\" href=\"http:\/\/www.valuewalk.com\/2015\/01\/federal-reserve-audit\/\">The Washington Times reports<\/a>, the Senate will finally get a chance next year to vote on legislation to force a broad audit of the Federal Reserve&#8217;s decision-making. Ron Paul&#8217;s flagship legislative efforts have been picked up by his son and now has the backing of the leader of the new Republican majority, Sen.\u00a0<strong>Mitch McConnell, whose office says the legislation will earn a floor vote<\/strong>. While the bill is not a sure thing, it appears to have The Fed worried as Reuters reports,\u00a0<strong>Yellen and other Fed officials are lobbying Capitol Hill to drop the audit push<\/strong>.<\/p>\n<p style=\"margin-top: 0.25em; margin-bottom: 0.75em; display: block;\">\n<p style=\"margin-top: 0.25em; margin-bottom: 0.75em; display: block;\"><a style=\"text-decoration: none; color: #1e439a;\" href=\"http:\/\/www.valuewalk.com\/2015\/01\/federal-reserve-audit\/\"><em>As The Washington Times reports<\/em><\/a>,<\/p>\n<blockquote style=\"position: relative; font-style: italic; padding: 1em !important; margin: 1em !important 2em !important 1em !important 2em !important;\">\n<div class=\"quote_start\" style=\"border-left-width: 1px; border-left-style: solid; border-left-color: #e9eff3; border-top-width: 1px; border-top-style: solid; border-top-color: #e9eff3; bottom: 3em; left: 0px; min-height: 2em; position: absolute; top: 0px; width: 93px;\"><\/div>\n<div class=\"quote_end\" style=\"border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #e9eff3; border-right-width: 1px; border-right-style: solid; border-right-color: #e9eff3; bottom: 0px; position: absolute; right: 0px; top: 2.3em; width: 93px;\"><\/div>\n<p style=\"width: inherit !important; display: block; margin: 0px !important;\"><strong>After years of being blocked by Democratic leader Harry Reid, the Senate will finally get a chance next year to vote on legislation to force a broad audit of the Federal Reserve&#8217;s decision-making.<\/strong><\/p>\n<p style=\"width: inherit !important; display: block; margin: 0px !important;\">\n<p style=\"width: inherit !important; display: block; margin: 0px !important;\">Once championed in Congress by former Rep. Ron Paul, the push to force the country&#8217;s central bank to undergo a full audit has been picked up by his son, Sen. Rand Paul, and others, and has the backing of the leader of the new Republican majority, Sen. Mitch McConnell, Kentucky Republican, whose office says the legislation will earn a floor vote.<\/p>\n<p style=\"width: inherit !important; display: block; margin: 0px !important;\">\n<p style=\"width: inherit !important; display: block; margin: 0px !important;\"><!-- [if gte mso 9]><xml>\n <o:OfficeDocumentSettings>\n  <o:AllowPNG\/>\n <\/o:OfficeDocumentSettings>\n<\/xml><![endif]--> <!-- [if gte mso 9]><xml>\n <w:WordDocument>\n  <w:View>Normal<\/w:View>\n  <w:Zoom>0<\/w:Zoom>\n  <w:TrackMoves\/>\n  <w:TrackFormatting\/>\n  <w:PunctuationKerning\/>\n  <w:ValidateAgainstSchemas\/>\n  <w:SaveIfXMLInvalid>false<\/w:SaveIfXMLInvalid>\n  <w:IgnoreMixedContent>false<\/w:IgnoreMixedContent>\n  <w:AlwaysShowPlaceholderText>false<\/w:AlwaysShowPlaceholderText>\n  <w:DoNotPromoteQF\/>\n  <w:LidThemeOther>EN-US<\/w:LidThemeOther>\n  <w:LidThemeAsian>JA<\/w:LidThemeAsian>\n  <w:LidThemeComplexScript>X-NONE<\/w:LidThemeComplexScript>\n  <w:Compatibility>\n   <w:BreakWrappedTables\/>\n   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name=\"OLE_LINK2\"><\/a><a name=\"OLE_LINK1\"><\/a><span style=\"mso-bookmark: OLE_LINK2;\"><span style=\"font-size: 13.0pt; mso-bidi-font-size: 10.0pt; font-family: LucidaGrande; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: LucidaGrande; mso-bidi-font-family: 'Times New Roman'; color: #282828;\">&#8230;click on the above link to read the rest of the article&#8230;<\/span><\/span><\/p>\n<p style=\"width: inherit !important; display: block; margin: 0px !important;\"><!--EndFragment--><\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Audit The Fed&#8221; Bill Gains Momentum, Yellen Starts Damage Control | Zero Hedge. After years of being blocked by Democratic leader Harry Reid,\u00a0The Washington Times reports, the Senate will finally get a chance next year to vote on legislation to force a broad audit of the Federal Reserve&#8217;s decision-making. Ron Paul&#8217;s flagship legislative efforts have [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[303,2303,2304,2305,692],"class_list":["post-3841","post","type-post","status-publish","format-standard","hentry","category-economics","tag-fed","tag-fed-audit","tag-mitch-mcconnell","tag-rand-paul","tag-ron-paul"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/3841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3841"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/3841\/revisions"}],"predecessor-version":[{"id":3842,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/3841\/revisions\/3842"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}