"Bernanke also argued against congressional proposals to let the Government Accountability Office, Congress’s investigative arm, audit the central bank. He feared that audits that delve into the Fed’s interest-rate decisions could compromise its independence.
Representative Ron Paul, a Texas Republican and a frequent Fed critic, rejected that argument and said the Fed already makes political calculations: “Just the fact that [the Fed] can issue a lot of loans and special privileges to banks and corporations. That’s political.’’
The guy has OVER 250 co-sponsors and yet that's all the coverage he gets from the Globe?
Watch: Ron Paul questions Ben Bernanke
They prove who they work for every day, don't they?
