This is the kind of Bill that adds to debt and confusion and waste
As of March 2012, the Board of Governors, the 12 Federal Reserve Banks, and the Federal Reserve System as a whole are all subject to several levels of audit and review:

Does the Federal Reserve ever get audited?

Yes, the Board of Governors, the 12 Federal Reserve Banks, and the Federal Reserve System as a whole are all subject to several levels of audit and review:

In addition, the Reserve Banks are subject to annual examination by the Board. The Board's financial statements and the combined financial statements for the Reserve Banks are published in the Board's Annual Report.

See our audit page for more information on all of the above audits and more information on the accounting, financial reporting, and internal controls of the Federal Reserve Board and Federal Reserve Banks.


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The people should have more power and more oversight over the USFG »The people should have more power and more oversight over the USFG
Committee On oversight and government reform. »Committee On oversight and government reform.
H.R. 459, The Federal Reserve Transparency Act of 2011 »H.R. 459, The Federal Reserve Transparency Act of 2011
This is the kind of Bill that adds to debt and confusion and waste
Yes because we all know how well the fed reserve did in regulating... »Yes because we all know how well the fed reserve did in regulating...
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