Congratulations, Ron Paul – Audit the Fed Triumph

The House-Senate conferees on the financial reform bill have significantly tightened the bill’s mandate to audit the Federal Reserve.

This is a huge triumph for Ron Paul – and another vindication of his 2008 presidential campaign.

The bill’s provisions do not go nearly far enough – but they are a seachange in official Washington. It was not that long ago that a Washington Post editorial fretted that pulling back the curtain (even a little bit) on the Fed would be a catastrophic evil….

I hope the auditors are smart and ruthless, and that politicians and political appointees are not able to hide all their scams.