Ron Paul's Fed audit has majority support 'There's going to be a lot of hollering and screaming before this is over'

By Bob Unruh

Federal Reserve

U.S. House hearings are scheduled to start a week from now on a proposal from U.S. Rep. Ron Paul, R-Texas, to audit the Federal Reserve, which oversees U.S. monetary policy, and the congressman believes the plan actually could become law this time.

Paul, who has sponsored similar legislation on and off since the 1980s, during this Congress for the first time is seeing significant support for the idea of looking into the actions of the decision-makers who set interest rates and take myriad other actions that affect Americans' financial well-being.

The Federal Reserve, an independent organization apart from the U.S. government, largely has operated behind a veil of secrecy for decades, but Paul told WND today that its operations could be about to face the light of day. ....