Ron Paul Backs Fed Audit Compromise

No politician has been more closely associated with the populist assault on the Fed over the last few decades than Dr. Ron Paul, the libertarian-leaning Republican congressman from Texas. So when Paul came out hard on Thursday night against a compromise amendment negotiated by Sen. Sen. Bernie Sanders (I-Vt.), proponents of Fed transparency had good reason to worry that the Fed had gutted the effort. It didn't look any better when the compromise was backed by Banking Committee Chairman Chris Dodd (D-Conn.) and the Treasury Department -- both well known to be active opponents of Paul's audit amendment.

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Source: huffingtonpost.com via Rense.com