The Spectacle Blog

Fed Up

By on 5.11.10 | 1:08PM

The Senate has passed an "audit the Fed" bill by 96 to 0, a major breakthrough for a cause associated with Rep. Ron Paul (R-TX) that nevertheless falls short of the comprehensive audit Paul favors. Paul's preferred version has passed the House. Sen. Bernie Sanders (I-VT) agreed to some limits on the audit to get the bill to pass the Senate.

UPDATE: The Vitter Amendment, which would have allowed Paulian audits of the Fed going forward, was defeated 37-62. The vote breakdown is interesting.

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