To: President Donald Trump, The United States House of Representatives, and The United States Senate
Audit The Fed
The Fed has no oversight, no term limits, and most of all: it's never been audited. Last year they performed their own "Audit", which had as many redactions and retractions as a pentagon report. Before the financial crisis people have always wanted the Fed audited. Now that the players of the Fed have had light shed on them, one thing is clear: the Fed is the second hand of Wall Street. Not only is a turnstile of workers from both entities, but since 2008, the Fed does Wall Street's bidding. A law to audit the Fed regularly would reveal the depth of their workings in our economy here and abroad....at a minimal.
Why is this important?
The Fed is the left hand of Wall Street. It has no oversight, no term limits, and most of all: it's never been audited. Last year they performed their own "Audit", which had as many redactions and retractions as a pentagon report. Let do our own and see their workings in our economy and those abroad.