The Federal Reserve is the central banking system of the US government. The main goal of the bank is to manage the US government’s money supply and stabilize the nation’s banks during panics and recessions. In 2015, Senator Rand Paul (R-KY) and Congressman Thomas Massie (R-KY) introduced the Federal Reserve Transparency Act of 2015 which would require the bank’s board of governors to conduct an audit and release it to Congress. An audit would determine if the accounting records the bank makes public are true and give Congress an insight into how the bank is run. Senator…
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@ISIDEWITH8yrs8Y
No, in order to stabilize our financial system, it must remain independent of Congressional oversight
@9GF9SPZ6mos6MO
Yes, congress shouldn't be allowed to control everything financial but how can you trust everyday people to look after the country's money?
@9FLTXFK7mos7MO
We have to know where our money is being spent in contrast to the budget that Congress is in charge of laying out so it is not outside of Congress's power to check its bank statement.
@9FLT5ST7mos7MO
When the federal reserve is not in sight and not monitored then this means that things can go untraced and money may be stolen and shipped under our noses.
@ISIDEWITH7yrs7Y
@3RVHJH43yrs3Y
The Federal Reserve shouldn't just be audited, they should be kicked out all together. They are unconstitutional.
@9DK79J38mos8MO
Yes, but I would prefer to abolish the Federal Reserve Bank and establish a economic system based on the labor of the American people.
@9C9RRLQ11mos11MO
Yes, but I would prefer to abolish it and establish an economic system based on the labor of the American people.
@9BVLJ4512mos12MO
Yes, but I would prefer to abolish it and establish a economic system based on the labor of the people.
@973HS981yr1Y
Yes, and nationalize all the banks
@972XDKH1yr1Y
Yes, and nationalize banks
@96GLZPQ2yrs2Y
Yes, but I would prefer to abolish it and establish a banking system that is based on the production and labor of the people.
@9D2WTGK9mos9MO
Yes, but I would prefer to abolish the Federal Reserve Bank.
@9LSDZYL5 days5D
Let them work independently. Its how the economy runs. If things do mess up, then we can hold them accountable and then we all will fix it accordingly.
@9LM7W7H2wks2W
Yes, but I would prefer if the nation lost both it's ability to take on debt and act as a creditor. How can the government that acts as the authority creditors use to threaten debtors be able to take on debt itself. The government should be an outcome of the people, unable to claim its own individual debts.
@9L7R77L 4wks4W
Well, considering that news reports have came out saying that the Federal Reserve Bank had a $114 BILLION loss last year, I do think they need to be audited by Congress.
@9H4NH355mos5MO
Congress can't find their way into or out of the bathroom. They should have no oversight of anything to do with our finances. Independent third party audits are much preferred.
No, the audit should be conducted by an independent, non-governmental agency, with the results submitted in a report to Congress for review.
@9DH9H898mos8MO
Eliminate the Federal Reserve. We did just fine without it.
I am unsure about this question.
@98TQH3YIndependent1yr1Y
I don't even know what this means
@98Q8TJD1yr1Y
I don't really know cause it just a bank
@98LQPPYProgressive1yr1Y
Not much knowledge about this
@7YS3KJPIndependent1yr1Y
Yes, we deserve to know who the bank gives money to, and this should be done by an independent, bipartisan committee.
@98GPQZQ1yr1Y
No, but hinder their current powers greatly.
@98G5VH2Independent1yr1Y
Yes, but it should be abolished in favor of a national bank
@98DYF7Q1yr1Y
Peeper no longer funny!!!! No hahaha fr you
@98CSLSK1yr1Y
Yes, the Federal Reserve ought to be audited by a third party unaffiliated with both the Federal Government and the Federal Reserve instead of an internal accounting firm.
@98BH39X1yr1Y
@98BGW651yr1Y
This is none of my concern so you probably should ask someone else.
@98628CB1yr1Y
Yes, but I would prefer to abolish it and establish moves towards an economic system based on the people's labor.
@98389YXIndependent1yr1Y
No, but they should be audited by another independent agency
@97W4BRK1yr1Y
Yes, but I would prefer to abolish it and establish a brand new system based on the labor of the American people.
@97SKRZ6Republican1yr1Y
we deserve too know who the bank gives money to but also need to increase the security of the dollar
@97Q9Q6N1yr1Y
Yes, but I would prefer to reduce the money supply's growth as that is how inflation is reduced
@97P7CK31yr1Y
Yes, to make sure they aren't doing anything bad
@97GQ42Q1yr1Y
Bitcoin as reserve currency.
@97BR89WLibertarian1yr1Y
The Federal Reserve Bank shall be closed.
@97B5ZVT1yr1Y
Yes, we deserve to know who the bank gives money to - return the Gold Srandard
@979577B1yr1Y
I don't really know what the Federal Reserve does
Yes, but I would prefer to abolish it along with all currency.
@968LQHW2yrs2Y
Yes, accountability is necessary for the efficient management of the country
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