Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

A Member of the Law Professor Blogs Network

Tuesday, May 11, 2010

Senate Calls for Audit of Fed Reserve

Expressing its frustration with the secretive policies of the Fed, the Senate voted unanimouslyfor a onetime audit to learn details of the emergency funding made by the Fed during the financial crisis.  The Fed would have to post information on its website about firms that received funding.  This measure is a compromise from previous proposals that would have required regular audits.  For details, see WPost, Senate passes measure for increased Fed oversight.

http://lawprofessors.typepad.com/securities/2010/05/senate-calls-for-audit-of-fed-reserve.html

News Stories | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef0133ed7ea306970b

Listed below are links to weblogs that reference Senate Calls for Audit of Fed Reserve:

Comments

Post a comment