Federal Reserve Accountability Act An Unacceptable Compromise(0)
Washington D.C. October 20, 2009 -Today, Senators Jeff Merkley (D-OR) and Bob Corker (R-TN) introduced the Federal Reserve Accountability Act, an attempted compromise on the issue of transparency for America’s secretive central bank. The bill would permit an audit of the Fed’s actions in the Troubled Asset Relief Program (TARP) and similar high profile bailouts,…