[bamahead]

The fact is, we don’t know, and current laws exempt agreements between the Fed and foreign central banks from disclosure or audit.

Anyone know why/where the 'Audit the Fed' bill is stalled? Have not seen an update in quite a while.



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[Bokababe]

"Anyone know why/where the 'Audit the Fed' bill is stalled? Have not seen an update in quite a while."

It was referred to the Senate Committee on Banking, Housing, and Urban Affairs back in March and has not yet emerged. There was a push to get a vote on it before Bernanke was reaffirmed, but it didn't happen. The bill currently has 32 co-sponsors in the Senate, if it ever gets out of committee.