Fed Audit Reveals $16 Trillion in Secret Loans

On July 23, 2011, in Analysis, Opinion, by ConsiderLiberty

On Thursday Senator Bernie Sanders (I-VT) posted the results of a Government Accountability Office audit of the Federal Reserve on his Congressional website.  The audit was conducted by order of an amendment that Sen. Sanders had added to the Dodd-Frank Wall Street Reform and Consumer Protection Act which was passed a year ago this week.  [...]