A no-brainer issue that should unite practically everyone is auditing the Federal Reserve. Some may find it hard to believe that the central bank of the United States has never been fully audited. The public and even Congress is left in the dark about what goes on behind closed doors at the Fed. This severe lack of transparency is troubling since the central bank has so much power over the economy and our lives.

As pretty much everyone expected, President Obama’s nomination for Federal Reserve chairman is a big-government Keynesian. Many left-wing pundits are applauding the nomination of Janet Yellen, the current Vice Chair of the Board of Governors of the Federal Reserve System. She has held many prominent jobs within the Federal Reserve and politics. 

Sen. Rand Paul’s campaign to get a vote to audit the Federal Reserve as a condition for considering the nomination of Janet Yellen for Federal Reserve chair is gaining support from one Congressman. Rep. Kerry Bentivolio (R-MI) has written a letter in support of Paul’s Federal Reserve Transparency Act, S. 209. 

Sen. Rand Paul is leading an effort to get a vote on auditing the Federal Reserve as a condition for considering the nomination of Janet Yellen for Federal Reserve chair. Sen. Ted Cruz has released a statement supporting this strategy to finally get a vote on auditing the Fed: 

"There is no entity in the world that controls our lives more than the Federal Reserve System" - Harry Reid, 1995. While Harry Reid admits the unchecked power of the Federal Reserve, he has failed to act to provide oversight of the central bank. Despite the concentrated power of the Federal Reserve, it has little accountability from Congress or any branch of government. 

Senator Rand Paul has reintroduced legislation to audit the Federal Reserve in the Senate. The bill, S. 209, currently has 24 cosponsors. This legislation is important because the people deserve to know who the Federal Reserve is bailing out behind closed doors. Here are the Republicans that have not cosponsored the audit the Fed bill yet. Please call them or tweet at them and politely ask them to cosponsor S. 209!

This past Saturday, September 22, marked the fourth annual End the Fed day. At Federal Reserve branches across the country, liberty activists showed up to call attention to the corruption and immorality of the Federal Reserve System.

Senator Rand Paul (R-KY) has introduced the Federal Reserve Transparency Act (S.202)—commonly called the Audit the Fed bill—in the Senate. As of today (9/20), the bill has 34 cosponsors.UPDATE: 37 COSPONSORS AS OF 11/14.Find out if your senators are cosponsors here.

FreedomWorks is proud to report that the 2012 GOP Platform, as approved at the 2012 Republican National Convention in Tampa, Florida, incorporates almost all key elements of the FreedomWorks “Freedom Platform”. Most notably, the 2012 GOP Platform calls for both an Audit of the Federal Reserve and the full repeal of Obamacare, two of the cornerstones of the Freedom Platform.  Striking similarities between the two platforms are an encouraging reminder of the ground that the freedom movement is gaining within the establishment Republican Party.  

With Ron Paul’s Federal Reserve Transparency Act overwhelmingly passing the House last week, the fight moves on to the Senate. Senator Rand Paul (R-KY) has introduced an identical bill, S. 202, in the Senate. According to the Library of Congress’ THOMAS website, the legislation currently has 23 (edit: now 27) cosponsors.