federal reserve bank
simuvac Mon, 05/03/2010 - 11:14pm
Rahm Working With Fed To Beat Back Audit
Rahm Working With Fed To Beat Back Audit
First Posted: 05- 3-10 03:53 PM | Updated: 05- 3-10 04:47 PM
The White House, Federal Reserve and Wall Street lobbyists are kicking up their opposition to an amendment to audit the Fed as a Senate vote approaches, Sen. Bernie Sanders (I-Vt.), the lead sponsor of the measure, said on Monday.
Banking Committee Chairman Chris Dodd (D-Conn.), who is shepherding the bill through the Senate, told Sanders Monday afternoon that "there's a shot we'll be up tomorrow," Sanders told HuffPost.
In the spring of 2009, Sanders brought a similar amendment to the Senate floor and won 59 votes. Eight senators who voted against it then are now cosponsors of his current measure.
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