“Moving forward, my plan is to pick up right where Congressman Paul left off,” U.S. Rep. Paul Broun, R-Georgia, said in a statement.
Broun started this week when he reintroduced “Audit the Fed” legislation for the current session of Congress. The measure, which would mandate the U.S. Comptroller General audit the Federal Reserve’s Board of Governors and Federal Reserve banks, was originally written and championed by Paul, a Republican who often espoused Libertarian tendencies, similar to Broun.
Paul’s version of “Audit the Fed” legislation passed the House last session by a 327-98 margin. It had 274 cosponsors.
“His efforts paid off when the House passed his legislation with overwhelming bipartisan support during the 112th Congress,” Broun said in a statement. “This accomplishment in itself marked the most significant stride made toward bringing real transparency to the nation’s monetary policy.”