The Phaserl


New Fed Chairman Angrily Rejects Central Bank Audit

by Mark Anderson, AFP:

When Janet Yellen appeared before the House Financial Services Committee February 11, she gave relaxed answers to most questions. But two members of Congress that day touched a nerve when they each grilled the newly confirmed chairman of the privately owned and controlled Federal Reserve on the merits of former Texas maverick Representative Ron Paul’s bill to audit the Fed.

Mrs. Yellen was also scheduled to address the Senate Banking Committee February 13 as part of her twice yearly report to Congress, but it was postponed.

At the House hearing, Representative Bill Posey (R-Fla.) and Representative Michele Bachmann (R-Minn.) not only pressed Mrs. Yellen on what she’d think of Paul’s bill if it were operational, they also touched on monetary policy—the Holy Grail of Fed operations.

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3 comments to New Fed Chairman Angrily Rejects Central Bank Audit

  • B.M.

    Cowards and traitors. The Fed should not be audited, but abolished. It is completely Unconstitutional yet continues operating to this day.

    Where is the outrage and calls for it’s abolishment from Congress?

    • rico

      CONgress is overpopulated Cowards and traitors, none of whom are willing to turn their backs on huge deposits in their bank accounts from these corrupt instutions.

  • rico

    The Dollar will ALWAYS be the world’s reserve currency? Sounds like Old Yeller got some tainted Dog Chow. The Dollar is on the brink of collapse and this dirtball is completely on the defensive. The Fed and the IRS, along with the UN have precisely no place in the united states of America.

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