07 May 2009

Contact Your Representatives to Support HR 1207

In order to hold the government accountable for the astronomical amounts of money they are borrowing and spending, we need to repeal legislation prohibiting the audit and examination of the government's checkbook, aka the Federal Reserve. Please see the following letter from our House Representative Bill Cassidy (R-LA) and contact your representatives urging them to support or co-sponsor this critical legislation.
________________________

May 7, 2009

Mr. Ware,

Thank you for sharing your concerns about the Federal Reserve.

You may be pleased to know that I am a cosponsor of H.R. 1207, the Federal Reserve Transparency Act, which was introduced by Representative Ron Paul on February 26, 2009. It is currently prohibited by law to audit the Federal Reserve bank's monetary policy and actions, as well as its transactions with a foreign central bank or government. Rep. Paul's legislation would repeal this prohibition and require the Government Accountability Office to perform an audit of the Federal Reserve. This is an important step in making the Federal Reserve's actions public and transparent.

It is essential that an institution as powerful as the Federal Reserve be held accountable to Congress and the American people. I am pleased that we agree on this issue, and I will work to bring this legislation up for a vote in the House of Representatives.

Again, thank you for sharing your thoughts on this important issue. Please visit my website at
www.cassidy.house.gov to sign up for my e-newsletter or to share your views on another issue.

Sincerely,

Bill Cassidy

Member of Congress
Representing Louisiana's 6th District

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