Reply #5: Act Blue! Grayson needs help to keep fighting for this

[chill_wind]

2/3 of the House onboard, but a push to get it removed is already underway, per FDL today:

Yesterday shocked everyone. In an unprecedented move, the House Financial Services Committee voted to approve an amendment by Ron Paul and Alan Grayson to audit the Federal Reserve — the first time anything like this has happened in the Fed’s history.

A push is already under way to remove the amendment on the House floor. Scott Lanman of Bloomberg:

Fed Chairman Ben S. Bernanke has opposed the Paul legislation, saying it may result in interference with monetary policy.


“It’s going to be seen as weakening the independence of monetary policy with consequent negative implications,” Barney Frank, the Massachusetts Democrat who chairs the committee, told reporters after the vote. “People are going to be worried about the impact on the dollar, on the interest rate.”

Frank, who opposed the Paul measure, said the issue “may be revisited” when the legislation reaches the House floor.


http://fdlaction.firedoglake.com/2009/11/20/help-us-help-alan-grayson-save-federal-reserve-audit-bill/

Here's the Bill & the Co-Sponsors.

H.R. 1207: Federal Reserve Transparency Act of 2009


http://www.govtrack.us/congress/bill.xpd?bill=h111-1207



FDL: Help us help Grayson save the bill

http://www.actblue.com/page/auditthefed