Senate Approves Audit –

The Senate voted 96-0 and approved an amendment to the Financial Reform bill that provides for a one time audit of the emergency lending by the Federal Reserve.  The measure was submitted by Senator Sanders and allows for an audit of every emergency action by the Federal Reserve after December 2007.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/apps/news?pid=20601068&sid=ahYm8noAZ59M

James Sutliff

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