The business world is all abuzz with rumors and guesses about what the Federal Reserve may or may not do in the next couple of months. The Fed has given indications that it plans to raise interest rates in the near future, but after markets experienced significant turbulence, many investors are now betting that the Bank will hold off and keep interest rates low through the end of the year.

On June 11th, the US House of Representatives Oversight and Government Reform Subcommittee on Health Care, Benefits, & Administrative Rules held a hearing on the fraud, waste, and abuse within the Ex-Im Bank. The witness was Acting Inspector General for the Ex-Im Bank, Michael McCarthy, who left me uneasy and disappointed leaving the hearing.

Senator Bob Corker (R-Tenn.) could be one of the biggest obstacles to passing audit the Fed in the Senate. As a member of the Senate Committee on Banking, Housing, and Urban Affairs, Senator Corker has been an outspoken opponent of the Federal Reserve Transparency Act.

As one of our more than 6.9 million FreedomWorks members nationwide, I urge you to contact your senators today and ask them to support S.264, the Federal Reserve Transparency Act of 2015. Introduced by Sen. Rand Paul (R-Ky.), the bill would eliminate the current audit restrictions placed on the Government Accountability Office (GAO) and require a full and thorough audit of the Federal Reserve.

As one of our more than 6.9 million FreedomWorks members nationwide, I urge you to contact your representative today and ask him or her to support H.R. 24, the Federal Reserve Transparency Act of 2015. Introduced by Rep. Thomas Massie (R-Ky.), the bill would eliminate the current audit restrictions placed on the Government Accountability Office (GAO) and require a full and thorough audit of the Federal Reserve.

Sen. Elizabeth Warren (D-MA) has become the populist darling of the far-left by successfully portraying herself to be a vocal opponent of Wall Street and big financial institutions, as well as a hardcore supporter of onerous financial regulations, the costs of which are passed on to American consumers. Her anti-cronyism image, though, isn't all it's cracked up to be.

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.

Rep. Thomas Massie (R-Ky.) didn’t waste any time in introducing a bill to Audit the Fed. Yesterday, the first day of the 114th Congress, Massie introduced H.R. 24, the Federal Reserve Transparency Act of 2015 with 64 bipartisan original cosponsors. The legislation is identical to the Audit the Fed bill that overwhelmingly passed the House of Representatives last year (333-92)—but ultimately Harry Reid refused to bring it to the Senate floor.

Hours after the new members of the 114th Congress were sworn in on Tuesday, Rep. Thomas Massie reintroduced the Federal Reserve Transparency Act (H.R. 24), which, if passed, would require the United States' central bank to open certain information to the Government Accountability Office, currently excluded from audits.

With a new Congress just weeks away from being seated, support is already beginning to build on Capitol Hill to audit the Federal Reserve.