House Votes to Audit the Fed... and Deregulate Wall Street

[wvit1001]

Of course, the Fed has been audited before. Reps. Alan Grayson (D-Fla.) and Ron Paul (R-Texas) secured an amendment to audit the central bank under the 2010 Dodd-Frank Wall Street reform law, and that audit revealed sweetheart deals for big financial firms.
 
Although the GOP is eager to expose the Fed's dealings with big banks, it is equally anxious to dole out favors to financial operators. Rep. Walter Jones (R-N.C.) was the only Republican to vote against the two deregulation bills Wednesday, with all other detractors coming from the Democratic Party. Jones, who also voted to audit the Fed, is the only consistent voice for bank reform among House Republicans.
 
 
http://www.huffingtonpost.com/2014/09/17/wall-street-deregulation_n_5838718.html

[Dan]

Deregulation means more freedom and more prosperity.

[Dardmex]

anchoragedan --- All I know is that wvit1001 & myself will remain happy if Lois Lerner just keeps her big, stupid mouth shut, at LEAST until after Obama leaves the White House!

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