Senator Rand Paul Is Right To Hold Up Janet Yellen's Federal Reserve Nomination, And Democrats Should Support Him

Townhall.com Staff
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Posted: Oct 25, 2013 1:53 PM
Senator Rand Paul is absolutely correct and justified in threatening to delay the confirmation of Janet Yellen to become Chairperson of the Federal Reserve. Not only should he be commended for the step by Republicans but he should be supported by as many Democrats as possible – which would only be in keeping with the 89 Democrats who contributed to the bi-partisan support of H.R. 459 in 2012 which simply sought to “To require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States, and for other purposes,” the exact same language as S.202 — Federal Reserve Transparency Act of 2011. Janet Yellen: What's Ahead For The Fed? Knowledge @Wharton Knowledge @Wharton Contributor Debt Ceiling Memo To Tea Party, Federal Reserve Debt Monetization Far More Dangerous Than Obamacare Cedric Muhammad Cedric Muhammad Contributor The Fed's New NAIRU: Evil Enough To Unite Democrats And Republicans Cedric Muhammad Cedric Muhammad Contributor There is no way to justify opposition to S. 202 and support of H.R. 459.