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Press Release

FreedomWorks Calls on Harry Reid to Bring up Audit the Fed Bill

FreedomWorks calls on Senate Majority Leader Harry Reid to bring up the bill to audit the Federal Reserve. The House of Representatives passed The Federal Reserve Transparency Act (H.R. 24) with a vote of 333-92. The same bill to Audit the Fed passed in 2012 but was never brought up in the Senate. Now, FreedomWorks is calling on the Senate to bring the bill up for a vote, especially considering Senator Reid’s strong support for an audit of the Federal Reserve in the past.

“After years of the Liberty movement pushing for an audit, public sentiment has finally caught up with calls for transparency from America’s central bank. Now that the House has voted yet again to audit the Fed, it’s time for the Senate to take action,” said FreedomWorks President Matt Kibbe.

“Harry Reid needs to give the Senate a chance to vote for an audit. Since he once stood on the Senate floor and called for this very measure, we are asking Harry Reid to walk the walk and bring a vote to the floor.”

Senator Reid gave a speech in 1995 where he said the following. Text and video can be found HERE:

"I have sponsored legislation every year that would call for an audit of the Federal Reserve system. I offer that amendment every year, every year it gets nowhere," Reid says. "I think it would be interesting to know about the Federal Reserve. I think we should audit the Federal Reserve — it's taxpayers’ money that's being used there. But we don't do that."

Over a thousand FreedomWorks activists from around the country called their representatives asking them to vote yes to audit the Fed. FreedomWorks sent out a key vote on the bill and will be scoring the vote in their Congressional Scorecard.

FreedomWorks aims to educate, build, and mobilize the largest network of activists advocating the principles of smaller government, lower taxes, free markets, personal liberty and the rule of law. For more information, please visit www.freedomworks.org or contact Jackie Bodnar at JBodnar@FreedomWorks.org.