Senator Rand Paul (R-Ky.) has reintroduced the Federal Reserve Transparency Act of 2015 (S.264) along with 30 bipartisan cosponsors. Better known as “Audit the Fed”, the bill would require a full and thorough audit of the Federal Reserve.

As expected, the House overwhelmingly passed legislation (H.R. 24) to audit the Federal Reserve with a vote of 333-92. This goes to show that bringing transparency to the central bank is a bipartisan issue that transcends party lines. FreedomWorks will be scoring this important vote in our congressional scorecard to hold legislators accountable.

"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. 

Ron Paul's Audit the Fed bill passed the House today 327-98! Thank you to all those who contact their representatives to urge them to vote yes on H.R. 459!Click here to see the roll call and find out how your representative voted on this very important bill to increase the transparency of the Federal Reserve. Be sure to thank them if they voted yes.

___ UPDATE (7/19): House Republicans have just announced that "Audit the Fed" will be voted on in the House of Representatives on July 24, 25, or 26. ___