Quote:Of course it's political!!!! Every move made in congress is. However, if the result is better transparency from the insanely powerful FED how is that a bad thing?

 

Will it actually provide transparency?

 

Will anything become public record, or will this just let the fishing expedition go fishing to see if they can find any political dirt?

 

Like I said, the Fed was intentionally established as an institution that wasn't answerable to federal authority, auditing them is great, but if making good law is the point then it's wholly unnecessary, we already know what needs to be done, there's just no political will to actually fix any problems, only to pull political stunts like this.

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