Financial Services Committee has approved Rep. Ron Paul's Bill | Politico 11/19/09Submitted by radiofriendly on Thu, 11/19/2009 - 19:00
The House Financial Services Committee has approved Rep. Ron Paul’s measure to drastically expand the government’s power to audit the Federal Reserve.
The measure, based on a Paul proposal that has attracted more than 300 co-sponsors, passed, 43-26, as an amendment to a financial reform bill. Florida Democrat and fellow Fed critic Alan Grayson co-sponsored the amendment with Paul and played a leading role drumming up support for it among committee members. The adoption of this amendment is an extraordinary victory for Paul, whose libertarian, anti-Fed leanings have often been dismissed by the political establishment.
This is historic, folks.
I'm proud to say I was out on the streets doing activism while this