Monday, August 20, 2012

Romney Calls for Softball Audit of the Fed

The WSJ explains:

Mitt Romney offered a chilly endorsement of the idea of auditing the Federal Reserve Monday.
Speaking at a campaign event in New Hampshire, Mr. Romney said he was for an audit, but he added that he didn’t want to sacrifice the Fed’s independence or hand over control of the central bank to Congress in the process. The qualification puts him closer to the Fed’s own position on subjecting itself to outside scrutiny.
This should really get Jesse Benton's juices flowing.


  1. Someone get Benton a copy of "The Scorpion & The Frog".

  2. He really does not have much say, does he? I mean, the Fed is an organ of Congress, ergo Congress can audit it whenever it pleases, correct?