Alan Grayson: “My amendment would simply make the one- time audit required by section…”

On the recordNovember 18, 2015

My amendment would simply make the one- time audit required by section 13 of this bill an annual audit. A 2011 GAO audit of the Fed, the only independent Fed audit in its 102-year history, detailed how the United States provided at least $16 trillion in loans to bail out American and foreign banks and businesses. With an annual audit, Congress is at a great advantage in how to avoid waste, fraud, and abuse at the Fed. I urge my colleagues to support this amendment. Mr. Chairman, I reserve the balance of my time.

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Alan Grayson

Florida

Source

govinfo.gov

Nov 18, 2015

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Alan Grayson: “My amendment would simply make the one- time audit required by section 13 of this bill an annual audit. A 2011 GAO audit…”