Audit The Fed

There was a major victory for accountability in the financial reform fight when Rep. Alan Grayson got an "audit the Fed" amendment into financial regulation legislation But there was also a demonstration that when it comes to protecting the profits of bankers at the expense of ordinary people, no institution does it better than the Party of No. Here are selected posts and statements on the movement to hold the Federal Reserve accountable to the people.


Isaiah J. Poole's picture

The Fed Accountability Fight Is Not Over

By Isaiah J. Poole
January 28, 2010

Though progressives have not succeeded in blocking Ben Bernanke's renomination as chairman of the Federal Reserve—which was always a long-shot proposition—we now have on the historical record a detailed critique of his record during the financial crisis that we might not have had if a few key senators— more »

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Bill Scher's picture

Bernanke Whip Count Update: 38 Senators Still Up In The Air

By Bill Scher
January 27, 2010

It's been 24 hours since Campaign for America's Future and Open Left launched the "Bernanke Whip Count," enlisting the grassroots to find out where Senators really stand, and help target our efforts to demand more »

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Robert Borosage's picture

Bernanke Cloture Vote on Thursday

By Robert Borosage
January 27, 2010

From Politco’s Playbook: On the pending vote to confirm Fed Chair Ben Bernanke to a second term: more »

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Robert Borosage's picture

Bernanke Vote: Where Does Your Senator Stand?

By Robert Borosage
January 25, 2010

Is your senator going to vote this week to re-appoint Ben Bernanke to run the Federal Reserve, without demanding any accountability for actions before and during the financial crisis?

Let's find out today, so we know whom to target before the vote. We're asking progressive activists to join the "Bernanke Whip Count." more »

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STATEMENT OF ROBERT BOROSAGE ON BERNANKE RENOMINATION

By Toby Chaudhuri
December 16, 2009
12/16/2009

As Prepared for Delivery
Capitol Visitor Center, Washington, D.C. more »

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LEFT-RIGHT COALITION SAYS SENATE BANKING COMMITTEE MUST DELAY VOTE ON BERNANKE RENOMINATION

By Isaiah J. Poole
December 15, 2009
12/15/2009

A coalition of liberal and conservative leaders, strategists, activists and public interest advocates called for a delay of the nomination of Federal Reserve chairman Ben Bernanke to a second term. The coalition includes Campaign for America’s Future co-director Robert Borosage, Americans for Tax Reform president Grover Norquist, Campaign for Liberty president John Tate, Center for Economic and Policy Research co-director Dean Baker and FreedomWorks president Matt Kibbe.

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Americans Don't Have Jobs; Will Ben Keep His?

By Dylan Ratigan
From huffingtonpost.com
December 3rd, 2009

huffingtonpost.com — You want to do something about jobs? Well, considering a different Fed Chairman might be a good place to start. Nothing would more clearly display the inability of our leaders to deal with the disastrous state of our economy than easily reconfirming Ben Bernanke for another round at the Fed on the same day that they hold a "job summit."

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Isaiah J. Poole's picture

Bernanke: 'The Definition Of Moral Hazard'

By Isaiah J. Poole
December 3, 2009

Federal Reserve Chairman Ben Bernanke employed his characteristic smoothness and conciliatory nature as he navigated the questioning at today's confirmation hearing before the Senate Banking Committee, helped by the largely gentle questioning by Democrats on the committee. more »

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Robert Borosage's picture

Sanders Puts Hold on Bernanke Nomination

By Robert Borosage
December 2, 2009

Senator Bernie Sanders has announced he will put a hold on the Bernanke nomination. Sanders wants the Finance Committee to hold serious hearings probing Bernanke's actions leading up to the financial collapse, and the emergency measures he took, committing literally trillions to bolster private financial institutions without a vote of Congress. more »

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Robert Borosage's picture

Before You Appoint Ben, Audit Ben

By Robert Borosage
December 2, 2009
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