Live Coverage of H.R.459 Audit the Fed Bill on C-Span starts 3 PM Eastern, 2 Central,

[tsai3904]

Elijah Cummings in 2009:

http://cummings.house.gov/press-rel...tter-encouraging-federal-reserve-transparency

Congressman Elijah Cummings, along with other House Members, sent a letter to House Financial Services Committee Chair Barney Frank and Senate Banking Committee Chair Chris Dodd on Wednesday, following the release of a report by SIGTARP questioning transparency and accountability at the Federal Reserve.

The letter requests, “a comprehensive Congressional review of the Federal Reserve System and an exploration of possible changes in its governance model. More immediately, a complete and public audit of the system should be made part of the regulatory reform bills currently moving through your committees.”

The letter was signed by Cummings, Rep. John Tierney, Rep. Lloyd Doggett, Rep. Maurice Hinchey, Rep. Alan Grayson, Rep. Peter Welch and Rep. Tim Walz.

Cummings has supported past calls for audits of the Federal Reserve and will continue to do so.

 

[squirekyle]

2:45 From the looks of it, very partisan division here.

 

[squirekyle]

"Degrading the Fed's independence"

same argument

 

[ShaneEnochs]

Rep Rahall's office keeps giving me the runaround and won't tell me how he's going to vote. I've called every one of his offices.

 

[KEEF]

Nice truth bomb Lynn Jenkins

 

[eleganz]

WHY do the Republicans sound so much knowledgable than the Democrats!?!?!?

 

[squirekyle]

2:48 Rep. Lynn Jenkins, for the bill, less than 12 minutes remaining for each side.

 

[Drex]

https://twitter.com/LEETERRYNE/status/227851653431296000

If you have twitter please Retweet this

 

[squirekyle]

"As a CEO, I understand, we need monetary transparency" Lynn Jenkins

 

[VictorB]

Here we go!

 

[HOLLYWOOD]

GO DENNIS!

 

[Havax]

GET EM DENNIS

 

[IndianaPolitico]

Kucinich is speaking, He is fired up!

 

[ShaneEnochs]

Kucinich is getting hot.

 

[KEEF]

Hey Kucinich, nice job.

 

[Toxic]

KUCINICH!!!!!

 

[staerker]

Kucinich tearing it up!

 

[JamesButabi]

WOOO GO DENNIS

 

[Demigod]

This Cummings guy has the weakest arguments I have ever heard.

Some federal reserve official said to him that it would be very bad if the fed wanted to do something and congress asked a independent organisation if that is a good decision that would jeopardize the fed's independence

 

[squirekyle]

Rep. Dennis Kucinich, democrat for the bill, yelling on the floor.

"people are losing their homes, banks are getting money,"