This would allow for an audit of the Fed and the Fed Board of Governors but I could not figure out why the Board was included. I am not saying there is no reason for it, just that I could not figure this out.

A list of the co-sponsors of this bill, of which there are 271, includes people from both parties, so this is not just some Tea Party thing to make them look like they are doing something. (I only mention the Tea Party since Paul Rand is tied to them and is the Sponsor of the Bill.)

But it is one thing to pass a bill and another to make it work. Is this bill Constitutional? I don't know and don't feel qualified to answer the question but I am sure it will be asked.

This will likely wind up in court if it passes. But that's OK, the country is not going anywhere and the Fed will still be around when a final decision comes down.

But the fear that the Fed will be uncovered to be nothing but a big check floating scheme.... I thought everyone already knew that.