Published On: Wed, Oct 30th, 2013

Senator Rand Paul says he’ll hold up the Yellen nomination if ‘Audit the Fed’ not considered

Kentucky Senator Rand Paul said his intent is to “hold up” the President Obama’s nomination for the new Chairman of the Federal Reserve, Janet Yellen if the “Audit the Fed” bill is not also considered.

Image/Video Screen Shot

Image/Video Screen Shot

In a letter addressed to Senate Majority Leader Harry Reid, Paul says he will object to floor consideration of Yellen’s nomination on the Senate floor unless  the bipartisan Federal Reserve Transparency Act of 2013, (S.209) aka the “Audit the Fed” bill is scheduled for a concurrent up and down vote with the Yellen nomination.

The bill in question, the “Federal Reserve Transparency Act,” would allow the Government Accountability Office to audit the Federal Reserve.

According to a statement from the junior Senator from Kentucky yesterday:

“The American people have a right to know what this institution is doing with the nation’s money supply. The Federal Reserve does not need prolonged secrecy-it needs to be audited, and my bipartisan Federal Reserve Transparency Act will do just that,” Sen. Paul said.


About the Author

- Writer, Co-Founder and Executive Editor of The Global Dispatch. Robert has been covering news in the areas of health, world news and politics for a variety of online news sources. He is also the Editor-in-Chief of the website, Outbreak News Today and hosts the podcast, Outbreak News Interviews on iTunes, Stitcher and Spotify Robert is politically Independent and a born again Christian Follow @bactiman63

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  1. Rand Paul Says He Will Block Nomination of Janet Yellen Unless Senate Votes to Audit the Federal Reserve | 3percenter.org says:

    […] Paul said, “The American people have a right to know what this institution is doing with the […]

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