Comment: Dodd-Frank

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In reply to comment: Well now I'm confused. (see in situ)


allowed the GAO to audit emergency expenditures ONE TIME up through July 2010.

Dodd-Frank also kept 4 restrictions placed on the GAO when auditing the Fed. Two of the restrictions prevent the GAO from auditing monetary policy decisions and agreements with foreign central banks. HR 459 and S 202 will remove all restrictions placed on the GAO.