Ron Pauls Audit the Fed bill fails again (229-198)

Ron Paul’s attempt to audit the Federal Reserve, which was previously co-sponsored by 320 members of the House (HR 1207), failed today by a vote of 229-198.
All Republicans voted in favor of the measure with 23 Democrats crossing the aisle to vote with Republicans. 122 Democrats who previously sponsored the bill voted against it. The GOP had offered the Fed audit as the minority’s last chance to alter the financial regulation bill.
The bill does have a audit provision in the conference report, but it is limited to loans made by the Fed during the height of the economic crisis. Ron Paul’s bill would have allowed a total examination of the Federal reserve books. Keep Fighting Ron Paul. One day.

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