Ron Paul seems to be asking members of the Senate that are unwilling to take a look at his bill to audit the Federal Reserve following its overwhelming passage in the House what the big deal is, with recent remarks.
In an interview with CNBC, Paul said that the goal of the bill is not to shut down the Fed, but do away with its proclivity toward leaving the American public in the dark with regard to its monetary meddling. The veteran Texas Congressman said that he agrees at the moment it looks as if his bill has little chance of being considered in the Senate.
Paul vows that regardless of whether the Senate takes up his initiative, he will continue to highlight what he describes as Fed Chairman Ben Bernanke’s love of secrecy and taxpayer dollars.
Paul also noted that Americans have a right to know exactly who is receiving Fed bailout dollars.
“We have an obligation and a right to know what the Fed is doing in secret when they bail out their friends and bail out the banks, and get involved in overseas financing, as they are prepared to do in Europe right now,” he said.