Ron Paul’s ‘Audit the Fed’ bill passes the House
By Chris Moody, Yahoo! News
July 25, 2012
At long last, Ron Paul has his day.
The House of Representatives on Wednesday overwhelmingly approved the Texas Republican’s bill to increase the transparency of the Federal Reserve. With bipartisan support, the measure passed 327-98. One Republican, Rep. Bob Turner of New York, joined 97 Democrats in voting against it.
For Paul, the journey to getting his bill approved in the House has been a long, and often lonely one. He first introduced the bill to a skeptical House a decade ago. While his efforts were ignored at the time, the call to “audit the Fed” has gained support from mainstream Republicans and Democrats.