Leading economists, labor leaders. authors and bloggers today released a letter in support of the Paul-Grayson amendment, proposed by Rep. Ron Paul of Texas and Rep. Alan Grayson of Florida, which calls for a complete audit of the Federal Reserve. The say that such transparency is necessary due to the many questions surrounding the Fed’s recent activities, and the “potential cronyism and favoritism in its distribution of many trillions of dollars.”
“The Watt amendment is a last-minute power play by the banks” says Jane Hamsher, founder and publisher of Firedoglake.com, who organized the effort. “It would actually make the Federal Reserve even more secretive, by erecting further barriers to transparency.”
New York City’s mayor, Zohran Mamdani, and other local officials on Monday condemned Immigration and Customs...
A mass shooting at a Texas apartment complex left two teens dead and 10 people injured,...
Republican Oklahoma state Senate candidate Barry Christian was found dead Thursday, the State Bureau of Investigation...
