Report: Federal Reserve rejects scrutiny by Treasury – On Deadline – USATODAY.com


Report: Federal Reserve rejects scrutiny by Treasury – On Deadline – USATODAY.com:

“Treasury Secretary Timothy Geithner asked for a public review of how the Federal Reserve is structured and governed, but the central bank said no, according to a Bloomberg report citing unnamed sources.

The review was part of the Obama administration’s plan to revamp financial regulations. Some Fed officials are concerned that such scrutiny would threaten the central bank’s independence. The Fed was created by Congress and is not directly answerable to the executive branch.”

Stringing and Strowing says: Audit the Fed…who cares what they say or feel. How dare they. “Said No”…it will be over the dead bodies of patriots if they keep their say.


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