Fed needs to be audited

Congress asked the Federal Reserve to account for $2 trillion in taxpayer-backed loans and the Fed said no. And why? Because an audit would show taxpayers that the Federal Reserve System leads to constant economic crises such as the housing crisis and out of controlled inflation.

That is why Congress should pass the Audit the Fed Bill to let the American taxpayers know what the Fed is doing to the U.S. economy.

Robert Graham

Naperville