“A Senate vote Tuesday left no doubt: Congress wants to know more about what the Federal Reserve was up to when its asset portfolio grew by more than $1 trillion during the financial crisis.
What companies did the Fed help, and on what terms?
The Senate voted 96 to 0 for the Government Accountability Office to look into those questions by auditing the Fed’s activities since the outbreak of financial turmoil in 2007.” Read more.
Mark Trumbull
The Christian Science Monitor, May 11, 2010.
Image by Suat Eman / FreeDigitalPhotos.net.
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