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senate Bill S. 264

Does the Federal Reserve Need to be Audited?

Argument in favor

The Federal Reserve system is a mystery to the majority of Americans, but it plays an absolutely integral role in the U.S. economy. An audit would shed some light on a veiled part of our banking system.

Nicholas's Opinion
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08/01/2015
We already know they're corrupt. The question is how much longer until we can't save the federal reserve from tanking?
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ThomasParker's Opinion
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08/04/2015
The Federal Reserve needs to be shut down. Under its watch, the economic swings have been more volatile and unpredictable, not less. No single entity should consider themselves wise enough to be able to plan the economy, and as we have seen, the Fed is certainly not wise enough.
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jackson's Opinion
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08/03/2015
Many Americans are growing uneasy with the mysterious nature of the federal reserve. We should know more about the bureaucratic branch who regulates and dictates our currency.
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Argument opposed

Federal Reserve system already goes through audits, and it's making strides towards being more transparent. A Congressionally initiated audit will only cause more political influence on the Fed's actions.

ConcernedMember's Opinion
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08/01/2015
I worked at the Fed and always averaged at least three separate audits going on at any given time. It is a gross waste of tax payer dollars to add yet another audit. How about using the results from all the current audits for what Congress is looking for?
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Christopher's Opinion
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08/02/2015
Only a little digging into the public records will reveal how the Fed works. It is not some sadistic cabal as some would make you think and performs a much needed stabilizing effect on the economy that needs to be protected from populist economic policies like you see in South America. This feels like a politically motivated witch hunt by libertarians who want to see monetary policy regress back to the 19th century.
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Robert's Opinion
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08/04/2015
The Federal Reserve goes through numerous audits already and a audit by the congress is a waste of money better spent on more important issues.
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bill Progress


  • Not enacted
    The President has not signed this bill
  • The house has not voted
  • The senate has not voted
      senate Committees
      Committee on Banking, Housing, and Urban Affairs
    IntroducedJanuary 27th, 2015
    We already know they're corrupt. The question is how much longer until we can't save the federal reserve from tanking?
    Like (24)
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    I worked at the Fed and always averaged at least three separate audits going on at any given time. It is a gross waste of tax payer dollars to add yet another audit. How about using the results from all the current audits for what Congress is looking for?
    Like (23)
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    The Federal Reserve needs to be shut down. Under its watch, the economic swings have been more volatile and unpredictable, not less. No single entity should consider themselves wise enough to be able to plan the economy, and as we have seen, the Fed is certainly not wise enough.
    Like (20)
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    Many Americans are growing uneasy with the mysterious nature of the federal reserve. We should know more about the bureaucratic branch who regulates and dictates our currency.
    Like (16)
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    The Fed has WAY too much power to influence monetary policy, and WAY too little accountability to We The People--AUDIT THE FED!
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    Only a little digging into the public records will reveal how the Fed works. It is not some sadistic cabal as some would make you think and performs a much needed stabilizing effect on the economy that needs to be protected from populist economic policies like you see in South America. This feels like a politically motivated witch hunt by libertarians who want to see monetary policy regress back to the 19th century.
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    YES. Ever head of the Rothschilds? Richest Family In HISTORY?! The Federal Reserve is not owned by the Government. They have infiltrated All the Banks Around The World. Except, North Korea, Iran, and Cuba. Do you remember what happened recently in the news?! About, Cuba?! Over 50 Years later, We, The United States & Cuba, have supposed made an agreement to get rid of the Travel Ban and Embargo?! Why?! Because, the Rothschild's Family is already in the United States. They want Cuba, they want North Korea, and they want Iran. Iran Nuclear Deal?! United States is the Main Player of that Deal. We have already given them $150 Billion Dollars and we don't even know who they are. They are Controlling and Manipulating Every Country In The World. Their Puppet(s)? The Highest Authority or Organization Of The Country. United States - The President & Other High Authorities. Europe: The UN. But, that list of Countries that the Rothschild's doesn't have yet was longer. Afghanistan, Iraq, Sudan, Libya. They have already chosen Their Puppet at the Time. They wanted the United States to fulfill their plan. The public couldn't know the exact reason behind the Invasions. They needed a horrible excuse for America to go against The Middle East. 9/11. In 2001, We invaded Afghanistan, they are now under Rothschild. In 2003, we invaded Iraq, they are now under Rothschild. Now, Sudan & Libya. The last 2 countries in Africa that weren't under Rothschild. Which Countries or Group Of Countries have already Intervened in those Countries?! The U.N. The U.N. has already intervened in those countries. By 2011, Sudan & Libya's Central Banks were now Under Control of Rothschild. Instead of Using Force, the United States (Rothschild's Puppet) is trying to befriend those countries. But, what about North Korea? The United States is unable to befriend North Korea so they're doing exactly the same as before. Going Against like Afghanistan and Iraq. Trying to make The Public, THAT'S You, go against another country. That's why they are blaming North Korea for the Sony Pictures Hack. Trying to justify a 'Revenge' Attack that's only in place to extend Rothschild's Wealth & Power on Earth. They're manipulating you
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    The Federal Reserve goes through numerous audits already and a audit by the congress is a waste of money better spent on more important issues.
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    yes and then kicked out for treason for printing money not backed by gold
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    But the issue is just like the DoD they don't pay taxes so who's records are we looking at? The ones the make up?
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    Absolutely, is there really anything left in the vaults or is it all in the Clinton Foundation?
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    The fed is a private organization and has failed to perform its mandate. The fact that it is private and is so important is a huge reason why we should audit it...
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    Hell yes they need audited. Those numbskulls in DC have bankrupted this country because they have the morals of alley cats and godless heathens - and combined, they don't have the sense God gave a jack***. Only God knows what the books of the Federal Reserve say - but I can guarantee they've cooked our collective gooses. And they know it!
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    The most secretive institution on the planet that controls way too much. If there is nothing to hide we woudl not need a bill to audit.
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    The fed needs ended not just audited. We can never get out of debt when every dollar that is printed by this private bank is born with interest. The Federal Reserve is possibly the greatest atrocities ever accepted by the American people.
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    There's nothing wrong with an audit and getting a better idea where we are putting money. This is vital information congress and the American people need. I never voted for anybody in the Fed Reserve. I want to make sure those I did elect have a clear understanding of something as vital as the Fed Reserve. This is crucial information to us a democracy.
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    This bill is a first step toward politicalization of the FRB. IT IS A BAD IDEA. FRB has been working OK since its beginning and is already audited. Congress should leave it alone.
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    Absolutely. Accountability is crucial in all facets of government and business.
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    The FED lied about monetizing our debt. That fact alone should mandate an audit.
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    It's time to get rid of the federal reserve!
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