July 8, 2009 10:44 AM
Senator Jim DeMint (R-SC) is blocked by Senate Democrat Leadership from having a vote on his amendment to audit the Federal Reserve by Senator Ben Nelson of Nebraska who raised a “point of order” to prevent the vote.
After being blocked, DeMint directly challenges Senate leadership by pointing out the other GAO audits contained in the bill. The Senate president was forced to agree with Senator DeMint.
The bill is based on a bill authored by Congressman Ron Paul (R-Texas) in the House, H.R. 1207, and Senator Bernie Sanders (D-Vermont) in the Senate, S. 604.
More on this topic
(What's this?)
Auerback: Bernanke Fesses Up: America Has No ‘Insolvency’ Issue
(naked capitalism, 2/26/10)
Opposition to Bernanke Confirmation Rising
(naked capitalism, 1/22/10)
Yellen About ZIRP
(LOLFed, 3/13/10)
Here We Are Again
(Financial Armageddon, 3/9/10)
One Comment on “DeMint Amendment to Audit the Federal Reserve blocked by Senate “Leadership””
Leave a Comment
Additional comments powered by BackType
I was afraid that was going to happen. Too many senators (and the administration) are in the pockets of the big banks, who also own the FED…It’s a sad day.