Sunday, August 30, 2009

Barney Frank says Ron Paul bill will pass

The Washington Times
By Amanda Carpenter on Aug. 28, 2009 into The Back Story

House Financial Services Chairman Rep. Barney Frank, Massachusetts Democrat, said he expects former GOP presidential candidate Ron Paul's legislation to audit the Fed to pass out of his committee in October as part of a larger regulatory package.

Rep. Paul's, Texas Republican, bill if added to Mr. Frank's other proposed reforms could give a boost to a financial regulation package the Obama Administration wanted to pass last spring. The Fed bill has 282 co-sponsors, including every Republican member of the House and a considerable number of Democrats. The Senate's lead sponsor of the bill is Sen. Bernard Sanders, a Vermont independent and self-described socialist. FULL STORY

Now we need to put as much pressure on the U. S. Senate to get Federal Reserve Sunshine Act (S.604) out of Committee and on the floor for a vote. Start calling, faxing, writing your Senators and tell them to Cosponsor S. 604. Don't stop until they do. Get your family, friends and neighbors to do the same.

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