Nancy Pelosi: "Ron Paul's FED Audit Bill Covered More Territory Than I Think It Should Have" (Video)Submitted by emalvini on Thu, 07/26/2012 - 22:05
Nancy Pelosi: "Ron Paul's FED Audit Bill Covered More Territory Than I Think It Should Have" [Video]
By Nicholas Ballasy
House Minority Leader Nancy Pelosi said she did not vote in favor of the House-passed bill that would audit the Federal Reserve because it “covered more territory” than necessary.
“The fact is, is that that bill covered more territory than I think it should have,” Pelosi told reporters Thursday on Capitol Hill. “I did not vote for it. There is interest in monitoring the Fed from the standpoint of certain of its activities.”
“But if Congress gets in the business of monitoring the Fed in terms of monetary policy, I think that’s a very — I don’t see that’s a very good path to go down,” she said. “And I don’t know that everyone who voted for the bill was subscribing to that part of the bill.”