The Federal Reserve has significantly contributed to putting the American taxpayer on the hook for over $16 trillion in bailouts and loans.
The Federal Reserve continues to refuse to fully disclose the details of its emergency lending.
Allowing the Fed to operate our nation's monetary system in near complete secrecy leads to abuse, inflation, and a lower quality of life for every American.
Legislation such as HR 459 and S 202, the Federal Reserve Transparency Act, would require a complete audit of the Fed for the first time in its history and would provide answers to the American people about how our money is being spent.
There is no authority given in our Constitution for a secretive central bank.
It is time to hold the Federal Reserve accountable to Congress and the American People.