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Ted Cruz Backs Rand Paul’s Strategy for Audit the Fed Vote

Cruz: Bring Transparency to the Federal Reserve, Vote to Audit the Fed

WASHINGTON, DC -- U.S. Senator Ted Cruz (R-Texas) released the following statement in advance of Janet Yellen's Thursday hearing before the Senate Banking Committee:

"I agree with Rand Paul: before the Senate votes on whether to confirm Janet Yellen, we should at the very least allow a vote on the Audit the Fed bill. The Federal Reserve has expanded our money supply by trillions, benefitting Wall Street but making life harder for millions of Americans struggling to make ends meet. Never-ending quantitative easing threatens to undermine the dollar and to drive up prices on everyday goods from food to gasoline to the basic necessities of life. We need to bring transparency to the Fed, so the American people can understand the scope and consequences of its policies."



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You have to ask the question

why is the GOP establishment promoting Ted Cruz so vigorously when Rand Paul is already everything that Cruz is being coached to mimic ??

Ron Swanson

MMT Guys would say...

It's VIRTUALLY IMPOSSIBLE to cause inflation, Japan's been trying to do it for 14 years!

NO MORE LIES. Ron Paul 2012.

Took him long enough

This is supposed to be the "Purer form of libertarian than Rand Paul".

But hey, we need all the help we can get. Even from Libertarian Poser Establishment hacks like Cruz.


SteveMT's picture

Cruz had some convincing to do with his wife.

She works for Goldman Sachs, and they are the Federal Reserve.

Cruz is also covered by his wife's healthcare policy. We'll see just how strong his support will be for a Fed. audit.

Ted Cruz Gets His Health Insurance Through Goldman Sachs, His Wife Confirms
Posted: 10/23/2013 6:16 pm EDT | Updated: 10/24/2013 10:43 am EDT


Cruz is an original cosponsor of Rand's Audit the Fed bill and back in August, he said the Fed Chairman confirmation hearing would be the perfect opportunity to force a vote on Audit the Fed.