addressalign-toparrow-leftarrow-rightbackbellblockcalendarcameraccwchatcheckchevron-downchevron-leftchevron-rightchevron-small-downchevron-small-leftchevron-small-rightchevron-small-upchevron-upcircle-with-checkcircle-with-crosscircle-with-pluscrossdots-three-verticaleditemptyheartexporteye-with-lineeyefacebookfolderfullheartglobegmailgoogleimageimagesinstagramlinklocation-pinmagnifying-glassmailminusmoremuplabelShape 3 + Rectangle 1outlookpersonplusprice-ribbonImported LayersImported LayersImported Layersshieldstartickettrashtriangle-downtriangle-uptwitteruseryahoo

National End The Fed Meetup Group Message Board End the Fed! Discussion Forum › S. 202 - Audit The Fed - Analysis of Senators

S. 202 - Audit The Fed - Analysis of Senators

Paul L.
user 8338751
Loomis, CA
Post #: 96
The Good News:

All 28 senators - Rand Paul & 27 co-sponsors - are Republicans

6 States where both Senators are co-sponsors:

ID - Idaho
MS - Mississippi
OK - Oklahoma
SC - South Carolina
UT - Utah
WY - Wyoming


Reflecting the conservative nature of their voters we've got a hotbed in the South and Rocky Mountain States. It would be great to extend these in both directions. Would recommend contacting Senators Bill Nelson of Florid and Jon Kyl of Arizona since their compatriots are co-sponsoring. Senator Claire McCaskill of Missouri is also in the same situation.

The Bad News:

No Democrats or Independent Senators have co-sponsored S202.

10 Democrats Who Have Not Co-sponsored but their other state Senator did:

Sen. Begich Mark AK
Sen. Pryor Mark L. AR
Sen. Nelson Bill FL
Sen. Harkin Tom IA
Sen. Durbin Richard J. IL
Sen. Landrieu Mary L. LA
Sen. McCaskill Claire MO
Sen. Hagan Kay R. NC
Sen. Reid Harry NV
Sen. Johnson Tim SD

19 Republican Senators Who Have Not Co-sponsored S202
Sen. Sessions Jeff AL
Sen. Kyl Jon AZ
Sen. Isakson Johnny GA
Sen. Coats Daniel IN
Sen. Lugar Richard G. IN
Sen. Moran Jerry KS
Sen. Roberts Pat KS
Sen. McConnell Mitch KY
Sen. Brown Scott P. MA
Sen. Collins Susan M. ME
Sen. Snowe Olympia J. ME
Sen. Hoeven John ND
Sen. Johanns Mike NE
Sen. Ayotte Kelly NH
Sen. Portman Rob OH
Sen. Alexander Lamar TN
Sen. Corker Bob TN
Sen. Hutchison Kay Bailey TX
Sen. Johnson Ron WI

5 Republicans Who Have Not Co-sponsored but their other state Senator did:
Sen. Sessions Jeff AL
Sen. Kyl Jon AZ
Sen. Isakson Johnny GA
Sen. McConnell Mitch KY
Sen. Hutchison Kay Bailey TX

19 Senators Who Have Not Co-sponsored but are running for re-election:
Sen. Feinstein Dianne CA D
Sen. Carper Thomas R. DE D
Sen. Nelson Bill FL D
Sen. Cardin Benjamin L. MD D
Sen. Stabenow Debbie MI D
Sen. Klobuchar Amy MN D
Sen. McCaskill Claire MO D
Sen. Tester Jon MT D
Sen. Menendez Robert NJ D
Sen. Gillibrand Kirsten E. NY D
Sen. Brown Sherrod OH D
Sen. Casey Robert P., Jr. PA D
Sen. Whitehouse Sheldon RI D
Sen. Cantwell Maria WA D
Sen. Manchin Joe, III WV D
Sen. Sanders Bernard VT I
Sen. Kyl Jon AZ R
Sen. Brown Scott P. MA R
Sen. Corker Bob TN R

10 Senators Who Have NOT co-sponsored and are Retiring or were Defeated in Primary:
Sen. Akaka Daniel K. HI D Retiring
Sen. Conrad Kent ND D Retiring
Sen. Nelson Ben NE D Retiring
Sen. Bingaman Jeff NM D Retiring
Sen. Webb Jim VA D Retiring
Sen. Kohl Herb WI D Retiring
Sen. Lieberman Joseph I. CT Ind Retiring
Sen. Lugar Richard G. IN R Defeated in primary
Sen. Snowe Olympia J. ME R Retiring
Sen. Hutchison Kay Bailey TX R Retiring
Paul L.
user 8338751
Loomis, CA
Post #: 99
Up to 9 States With Both Senator Sponsoring:
Alaska
Georgia
Idaho
Mississippi
Oklahoma
South Carolina
Texas
Utah
Wyoming

15 Others with one Senator Sponsoring:
Alabama
Arkansas
Arizona
Florida
Iowa
Illinois
Kansas
Kentucky
Louisiana
Missouri
North Carolina
New Hampshire
Nevada
Pennsylvania
South Dakota

Lets contact the remaining senators!
Paul L.
user 8338751
Loomis, CA
Post #: 102
Senator Feinstein's reply:

Dear Mr. Lozancich:

Thank you for contacting me to express support for legislation to increase transparency at the Federal Reserve. I appreciate hearing from you, and I welcome the opportunity to respond.

I agree that the trillions of dollars deployed by the Federal Reserve to stabilize the economy should be accounted for. On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203), which includes requirements for a complete audit of the Federal Reserve's emergency lending activities during the financial crisis. Specifically, this legislation requires that the Government Accountability Office (GAO) publish a full audit of the loans and other assistance provided to financial institutions during the economic crisis. The GAO is also empowered with ongoing audit authority over any future emergency lending activities, but is not authorized to directly review key monetary policies such as the setting of interest rates. I believe this legislation takes appropriate steps to prevent the politicization of monetary policy while still promoting transparency in the use of public funds.

Senator Rand Paul (R-KY) has introduced legislation that would require an additional audit of the Federal Reserve. The "Federal Reserve Transparency Act" (S. 202) would remove all existing restrictions on GAO audits, including confidentiality restrictions. I have some concerns that a more expansive audit, including a review of monetary policy, could prevent the Federal Reserve's Board of Governors from making key decisions free of outside political influence. This legislation is currently awaiting a vote in the Senate Banking Committee, of which I am not a member. However, please know that I have made careful note of your support for increased transparency of the Federal Reserve, and I will keep your thoughts in mind should this or other relevant legislation come before me for a vote.

Once again, thank you for writing. If you have any additional questions or concerns, please do not hesitate to contact my Washington, D.C. office at (202) 224-3841. Best regards.

Sincerely yours,

Dianne Feinstein
United States Senator
Jessica
Jessica.
Lyndonville, VT
Post #: 16
Bernie Sanders I-VT is an original co-sponsor of S 202.
Paul L.
user 8338751
Loomis, CA
Post #: 105
10 States Where Both Senators Co-Sponsor S202:
Alabama
Alaska
Georgia
Idaho
Mississippi
Oklahoma
South Carolina
Texas
Utah
Wyoming

15 Others with one Senator sponsoring:
Arkansas
Arizona
Florida
Iowa
Illinois
Kansas
Kentucky
Louisiana
Massachusetts
Missouri
North Carolina
New Hampshire
Nevada
Pennsylvania
South Dakota

Lets contact the remaining senators!
Powered by mvnForum

Washington, DC

Founded May 31, 2007

Organizers:

Jim Azzola, Mark Abraham
Contact

Sign up

Meetup members, Log in

By clicking "Sign up" or "Sign up using Facebook", you confirm that you accept our Terms of Service & Privacy Policy