Endorse bill to audit Fed

A bill to audit the Federal Reserve (HR1207) has 244 co-sponsors and is stuck in committee. The Federal Reserve has the power to tax us through inflation. Their low interest rate policy was a contributing factor to the current economic crisis. Chairman Ben Bernanke was completely blindsided by this financial crisis. Why should we trust him to make decisions that will affect the value of the dollar behind closed doors? President Barack Obama promised enhanced transparency. He can make good on his promise by endorsing this important legislation and getting this bill to a vote.

Randall King

Layton