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Posted: 2025-08-03 08:37:24 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-08-03 08:37:36 UTC
Verified By
Rollup News
Senator Rand Paul is advocating for the Federal Reserve Transparency Act to mandate full audits of the Federal Reserve's dealings, citing the Fed's significant influence over the economy and its past secret loans of over $16T during the financial crisis.
Federal Reserve's influence on the economy
Lack of transparency and oversight of the Federal Reserve
Secret loans issued by the Fed during the financial crisis
The need for accountability to the American people
Secrecy in the Federal Reserve's operations
Minimal oversight from Congress
Lack of accountability to the American people