Federal Reserve Audit | featured news

Senate votes 96-0 to audit Federal Reserve

The congressional audit would examine the Fed's emergency aid program and disclose previously secret recipients of bailout money.

The Senate voted 96 to 0 on Tuesday to authorize a congressional audit of the secretive Federal Reserve Board's emergency aid program and full disclosure of who got the money, a plan that could reveal more details about government help for embattled investment firm Goldman Sachs.

 

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