Official Thread - Senate Vote on Audit the Fed 1/12/16

[tsai3904]

Rand is expected to speak on the Senate floor at 2:15 pm ET.

At 2:30 pm, the Senate will vote on S. 2232, the Federal Reserve Transparency Act. It will be a procedural vote requiring 60 votes (motion to invoke cloture on the motion to proceed).

C-SPAN2 live stream:
http://www.c-span.org/networks/?channel=c-span-2

Senate live stream:
http://floor.senate.gov/MediaPlayer.php?view_id=2&event_id=632

Update: The vote failed 53-44 (60 votes needed). Here's the roll call vote: http://www.senate.gov/legislative/L...ote_cfm.cfm?congress=114&session=2&vote=00002

 

[tsai3904]

Some important Senators announced they will vote for the bill:

Alabama Senator Richard Shelby, Chairman of the Senate Banking Committee, had been opposed to the bill and did not allow it to be heard in his committee. He will vote for the bill today:

Senator Bernie Sanders will vote for the bill:

The US Chamber of Commerce, Janet Yellen, and Ben Bernanke announced their opposition yesterday:

A former Ron Paul aide refutes Bernanke's article:

Some background information on the bill:

 

[TomtheTinker]

What's the chance this passed?

 

[Origanalist]

 

[tsai3904]

What's the chance this passed?

I'd give it probably 1/3 chance. There's 54 total Republicans and 6 Democrats who support the bill. If we can get all 54 Republicans to vote for the bill, it passes.

There are several Republicans who oppose the bill. The good thing is that this is a procedural vote and not a vote on final passage, which only requires majority vote. Alabama Senator Richard Shelby said he opposes the bill but is willing to vote for the procedural motion. Both Tennessee Senators oppose the bill but we'll see how they vote on the procedural motion.

There are also many vulnerable Democrats (those in red states or have tough re-election races) who might vote for the bill for political reasons.

 

[Matt Collins]

Didn't see that one coming! /sarc

 

[squirl22]

I called my Senators; Burr is a co-sponsor and the person in Tillis' office just took the message and did not know his position, so he says.

 

[tsai3904]

 

[tsai3904]

Is this true Ohio?

Here's Senator Sherrod Brown's DC office number: 202-224-2315

 

[Patrick Henry]

Will Rubio and Cruz find the time to make the vote?

 

[ds21089]

Rand should go around telling everyone, "look at who votes no on this bill. These people without a doubt are corrupt and you should make sure they aren't re-elected." Maybe that will scare a few of them into voting for it

 

[tsai3904]

Will Rubio and Cruz find the time to make the vote?

Rubio is expected to vote. Cruz will be campaigning later tonight so people are unsure if he'll be on the floor to vote. Can anyone in Texas call his office (202-224-5922) and confirm?

Update: Cruz has a campaign event in NH at 1 pm. I don't think he'll make it back in time unless the vote is close and McConnell holds the vote open.

 

[tsai3904]

 

[The Gold Standard]

LOL. So Cruz and Sanders already have their excuses lined up. Their owners will be pleased.

 

[ds21089]

LOL. So Cruz and Sanders already have their excuses lined up. Their owners will be pleased.

We are definitely for the audit!..but well unfortunately we just cant make it *sniff*...

To that I say:

 

[luctor-et-emergo]

Rubio is expected to vote. Cruz will be campaigning later tonight so people are unsure if he'll be on the floor to vote. Can anyone in Texas call his office (202-224-5922) and confirm?

Update: Cruz has a campaign event in NH at 1 pm. I don't think he'll make it back in time unless the vote is close and McConnell holds the vote open.

Well I hope it passes but if it doesn't because Cruz was doing something else... Damn. That's Ad-worthy.

Oh and FK C-SPAN for locking out foreigners and people who don't have cable.

 

[tsai3904]

Oh and FK C-SPAN for locking out foreigners and people who don't have cable.

Here's another stream:
http://floor.senate.gov/MediaPlayer.php?view_id=2&event_id=632

 

[PCKY]

Rubio is expected to vote. Cruz will be campaigning later tonight so people are unsure if he'll be on the floor to vote. Can anyone in Texas call his office (202-224-5922) and confirm?

Update: Cruz has a campaign event in NH at 1 pm. I don't think he'll make it back in time unless the vote is close and McConnell holds the vote open.

So his commitment to getting Ron Paul supporters is a little "squishy" then.

 

[65fastback2+2]

https://twitter.com/randpaulmemes/status/686971902313680896

 

[PCKY]

At least Sanders is trying....