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GAO audit of the Fed would represent a giant step -- backward

The financial services reform process is likely to yield many public policy improvements, but one dimension that Congress should not act on concerns the U.S. Federal Reserve.

One reform effort would authorize the General Accountability Office (GAO) to audit the Federal Reserve. The initiative, though well-intentioned, would represent a regression.

Continue reading GAO audit of the Fed would represent a giant step -- backward

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Last updated: May 26, 2012: 07:23 PM

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