Whereas, the American taxpayer has been made liable for over $16 trillion in loans and bailouts; and
Whereas, the Federal Reserve consistently refuses to fully disclose the details of said lending; and
Whereas, S 202, the Federal Reserve Transparency Act, would require a comprehensive audit of the Federal Reserve for the first time in its history and would provide accountability to all Americans as to how their money is being spent; and
Whereas, you personally promised the American people that your administration would stand for openness and transparency in government.
Therefore Mr. President, We the people here undersigned urge you to formally ask Senate Majority Leader Reid to take action and bring the S. 202 to the Senate floor as quickly as possible for a full roll call vote.