Rand Paul Introduces S. 264 Audit The Fed Bill In U.S. Senate, 30 Cosponsors
By Martin Hill
January 28, 2015


U.S. Senator Rand Paul has introduced Audit the Fed Bill into the U.S. Senate. S.264 is touted as "A bill to require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States, and for other purposes. 114th Congress (2015-2016)."

The bill, introduced on 1/27/15, has 30 original cosponsors, including Ted Cruz, Marco Rubio and Mike Lee. After being introduced the bill was read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

In an unusual move, the yarmulke-wearing junior senator has exempted all 'dual citizens' from participation in the audit. (kidding ;-)

Rep. Thomas Massie, one of several dissident Republicans who had opposed John Boehner for Speaker, re-introduced Ron Paul's "Audit the Fed" bill into Congress on January 8th.

Paul's bill also mandates an audit of 'Financial Injury To Homeowners' Foreclosed in 2009-2010 and 'remediation offered to each homeowner.'

You can read the full text of the 'Federal Reserve Transparency Act of 2015' here.

Readers can also go to http://thomas.loc.gov/ and type in S. 264 in the search box for regular updates.

Rand Paul issued a press release which states
Sen. Paul Proposes an Audit of the Federal Reserve - Sen. Rand Paul today reintroduced the bipartisan Federal Reserve Transparency Act of 2015. Known widely as "Audit the Fed," the bill calls to eliminate restrictions on Government Accountability Office (GAO) audits of the Federal Reserve and mandate that the Federal Reserve's credit facilities, securities purchases, and quantitative easing activities would be subject to Congressional oversight."A complete and thorough audit of the Fed will finally allow the American people to know exactly how their money is being spent by Washington. The Fed's currently operates under a cloak of secrecy and it has gone on for too long. The American people have a right to know what the Federal Reserve is doing with our nation's money supply. The time to act is now," Sen. Paul said.

Campaign for Liberty sent out a e-mail alert setting up an urgent "Moment of truth moneybomb," claiming "When the Fed, Wall Street, and Big Banks learn that Rand has introduced this bill, their army of lobbyists will redouble their efforts to kill Audit the Fed in the Senate! That is why Campaign for Liberty must have the resources to launch our most effective program..." The title of the e-mail was "Rand Paul just ruined Janet Yellen's Day" and stated:

Senator Rand Paul has officially reintroduced Ron Pau'�s Audit the Fed bill in the United States Senate. The bill number is S. 264, and it has 30 original cosponsors. This marks the first step in our efforts to finally get the US Senate to vote on - and pass - Audit the Fed! While the Senate leadership has expressed interest in voting on Audit the Fed this year, we cannot take anything for granted. When the Fed, Wall Street, and Big Banks learn that Rand has introduced this bill, their army of lobbyists will redouble their efforts to kill Audit the Fed in the Senate! That is why Campaign for Liberty must have the resources to launch our most effective program to mobilize as many Americans as possible to turn the heat up on Congress and pass Audit the Fed. But without our members' generous support, we're going to be playing catch up at the worst time possible. So if you have not yet contributed to our Moment of Truth Money Bomb, please do so today. Our Money Bomb ends Thursday, so please make your most generous contribution today! And if you already have given, please consider an additional contribution of $50, $30, or $10 as C4L takes the fight to the Fed! For Liberty, John Tate - President
P.S. Senator Rand Paul has officially reintroduced Audit the Fed in the U.S. Senate - and this is our best chance ever to pass it! But to overcome the Big Bank and Wall Street lobbyists' efforts to protect the Fed, we must be able to run our largest grassroots mobilization program ever. So if you have not yet given, please make your most generous contribution to our Moment of Truth Audit the Fed Money Bomb before our Thursday deadline. If you�ve already contributed, please consider an additional contribution of $50, $30, or $10 today!

Here are all the cosponsors of S. 264:
Sen. Ayotte, Kelly [R-NH]
Sen. Barrasso, John [R-WY]
Sen. Blunt, Roy [R-MO]
Sen. Boozman, John [R-AR]
Sen. Burr, Richard [R-NC]
Sen. Cassidy, Bill [R-LA]
Sen. Cornyn, John [R-TX]
Sen. Crapo, Mike [R-ID]
Sen. Cruz, Ted [R-TX]
Sen. Gardner, Cory [R-CO]
Sen. Grassley, Chuck [R-IA]
Sen. Hatch, Orrin G. [R-UT]
Sen. Heller, Dean [R-NV]
Sen. Isakson, Johnny [R-GA]
Sen. Kirk, Mark Steven [R-IL]
Sen. Lankford, James [R-OK]
Sen. Lee, Mike [R-UT]
Sen. McConnell, Mitch [R-KY]
Sen. Moran, Jerry [R-KS]
Sen. Murkowski, Lisa [R-AK]
Sen. Portman, Rob [R-OH]
Sen. Risch, James E. [R-ID]
Sen. Rubio, Marco [R-FL]
Sen. Scott, Tim [R-SC]
Sen. Thune, John [R-SD]
Sen. Toomey, Pat [R-PA]
Sen. Vitter, David [R-LA]
Sen. Perdue, David [R-GA]
Sen. Capito, Shelley Moore [R-WV]
Sen. Hirono, Mazie K. [D-HI]

Also be sure to visit our Rand Paul archive at RandPaulZionist.com.

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Martin Hill is a Catholic paleoconservative and civil rights advocate. His work has been featured in the Los Angeles Daily News, San Gabriel Valley Tribune, The Orange County Register, KNBC4 TV Los Angeles, The Press Enterprise, LewRockwell.com, WhatReallyHappened.com, Infowars.com, PrisonPlanet.com, Economic Policy Journal, TargetLiberty.com, FreedomsPhoenix, Haaretz, TMZ, Veterans Today, Jonathan Turley blog, The Dr. Katherine Albrecht Show, National Motorists Association, AmericanFreePress.net, RomanCatholicReport.com, WorldNetDaily, HenryMakow.com, OverdriveOnline.com, Educate-Yourself.org, TexeMarrs.com, Dr. Kevin Barrett's Truth Jihad radio show, Strike-The-Root.com, Pasadena Weekly, ActivistPost.com, Los Angeles Catholic Lay Mission Newspaper, KFI AM 640, IamtheWitness.com, Redlands Daily Facts, SaveTheMales.ca, BlackBoxVoting, The Michael Badnarik Show, The Wayne Madsen Report, Devvy.com, Rense.com, FromTheTrenchesWorldReport.com, BeforeItsNews.com, The Contra Costa Times, Pasadena Star News, Silicon Valley Mercury News, Long Beach Press Telegram, Inland Valley Daily Bulletin, L.A. Harbor Daily Breeze, CopBlock.org, DavidIcke.com, Whittier Daily News, KCLA FM Hollywood, The Fullerton Observer, Antiwar.com, From The Trenches World Report, and many others. Archives can be found at LibertyFight.com and DontWakeMeUp.Org.

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