Brunner: It's time to audit the Fed

(From the John Brunner campaign)


Today, John Brunner issued the following statement about the House of Representatives pending vote on H.R. 459, a bill that will authorize the Government Accountability Office to audit the Federal Reserve:

“There’s no reason the Federal Reserve should remain exempt from Congressional oversight and taxpayer scrutiny. I fully support auditing the Federal Reserve and I encourage Members in the House of Representatives to vote in favor of this legislation.

"This bill will give a necessary and crucial look into the Federal Reserve’s decision-making and lending processes — a glimpse that Ben Bernanke and the Federal Reserve have denied taxpayers and Congressional watchdogs. Since its inception in 1913, the Federal Reserve has never undergone an audit — yet the agency has had almost sole control over the value of the dollar. As the controller of our monetary system and with its massive impact on America and the world’s economy, we have a right to know the details of the lending practices, inflationary measures, and monetary policies that so gravely affect the global economy.  

"As Missouri’s next U.S. Senator, I will vote in favor of legislation — whether it’s S. 202 ‘The Federal Reserve Transparency Act’ or other similar legislation to provide transparency and real congressional oversight to the Federal Reserve. Auditing the Federal Reserve is an issue that both sides can agree, as transparency and openness represent a pillar of a free society and an underlying basis of freedom.”

Missouri Representative Paul Curtman, who introduced House Resolution 9, a bill to urge Congress to pass regular audits of the Federal Reserve and who’s endorsed Brunner’s campaign also issued the following statement on the pending vote:

"During this past legislative session, I introduced House Resolution 9 in the Missouri General Assembly urging Congress to pass the Audit the Fed bill, John Brunner was the only candidate in Missouri's U.S. Senate race to publicly endorse my legislation.  Missouri voters can trust that as their next U.S. Senator, John Brunner will fight for more accountability and transparency for the Federal Reserve system."