@ISIDEWITHQuestionseconomyStarted 9yrs agoActive 2mos ago

Should the Federal Reserve Bank be audited by Congress?

The Federal Reserve is the central banking system of the US government. The main goal of the bank is to manage the US government’s money supply and stabilize the nation’s banks during panics and recessions. In 2015, Senator Rand Paul (R-KY) and Congressman Thomas Massie (R-KY) introduced the Federal Reserve Transparency Act of 2015 which would require the bank’s board of governors to conduct an audit and release it to Congress. An audit would determine if the accounting records the bank makes public are true and give Congress an insight into how the bank is run. Senator…  

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Answer Overview

Response rates from 13.2k Fulton voters.

74%
Yes
26%
No
64%
Yes
20%
No
7%
Yes, we deserve to know who the bank gives money to
6%
No, in order to stabilize our financial system, it must remain independent of Congressional oversight
3%
Yes, but I would prefer to abolish it and return to the gold standard
0%
No, they are already audited by an independent agency

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Other Popular Answers

Unique answers from Fulton voters whose views went beyond the provided options.

 @9DK79J3 from Georgia  answered…2yrs2Y

Yes, but I would prefer to abolish the Federal Reserve Bank and establish a economic system based on the labor of the American people.

 @3RVHJH4from Minnesota  answered…4yrs4Y

The Federal Reserve shouldn't just be audited, they should be kicked out all together. They are unconstitutional.

 @9T64CXP from Georgia  answered…6mos6MO

Yes, but I would prefer to abolish the Federal Reserve Bank and have the currency backed by American labor.

 @jerry9310 from New York  answered…4mos4MO

Yes, but I would prefer to abolish it and switch to a quad-metal standard based on the average price of silver, gold, platinum, and palladium

 @9D2WTGK from Georgia  answered…2yrs2Y

Yes, but I would prefer to abolish the Federal Reserve Bank.

 @96GLZPQ from North Carolina  answered…2yrs2Y

Yes, but I would prefer to abolish it and establish a banking system that is based on the production and labor of the people.

 @B2CZ7VMfrom Maine  answered…2mos2MO

Yes, although certain transactions may be omitted from the audit if they are deemed vital to national security.

 @9XSVFBW from Oklahoma  answered…4mos4MO

States use gold standard for in-state currency, to help relieve burden on the federal reserve while still using the federal reserve also. This would only be used for items and services within the state.

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Active 5 days ago

 @ISIDEWITH submitted…4mos4MO

Trump's Deportation Storm: America Braces for Mass Exodus of Immigrants

For months, immigration advocates have been planning for the possibility of Donald Trump’s return to the White House. Now, their worst fears have arrived.Immigrants’ rights groups have spent the last year preparing for a second Trump term and an overhaul of the nation’s immigration system, analyzing Trump’s proposals, drafting legal briefs, coordinating messaging and organizing aid for immigrants and asylum seekers. They responded to Trump’s victory with alarm and vowed to put up a fight, setting the stage for four more years of contentious court battles with his administration.Some are already preparing to push current leadership at the Department of Homeland Security to take steps to stymie the incoming Trump team, particularly on immigrant detention and the use of AI in enforcement.“We should expect to see the devastation of immigrant communities all over the country. We should expect to see family separation,” said Kica Matos, the president of the National Immigration Law Center. “It is entirely possible that he will try to use the military to carry out deportations, so that means that Americans all over the country will see the military engaging in enforcement against civilian populations, which is horrifying.”Trump, after winning a historic victory on a platform of turbo-charged immigration enforcement, has said he will conduct mass deportations at a scale never before seen. Immigrant advocates have warned this would be expensive and inhumane, separating families and wrecking communities. The president-elect has also vowed to build huge detention camps, hire thousands more border agents, funnel military spending toward border security and invoke the Alien Enemies Act of 1798 to expel suspected members of drug cartels and criminal gangs without court hearings.He has also said he would end “catch-and-release” — allowing migrants to remain free, often with monitoring, while they await immigration court hearings — and restore a policy from his first term requiring asylum seekers to remain in Mexico while their cases are processed. And he has dodged questions about whether he would try to bring back family separation.

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