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    why no audit of the federal reserve banking system?

    0  Views: 435 Answers: 2 Posted: 13 years ago

    2 Answers

    The Comptroller Gereral of the United States audits the Treasury, GAO and the Federal Reserve and is responsible for tracking all government entities use of taxpayer money.  Recently, Ron Paul introduced a bill in the house called The Federal Reserve Transparency Act which would alter the way that the fed is audited. A similar bill is in the senate.

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