Sunday, May 24, 2009

Yahoo Buzz. Audit the Fed petition sent to Congress.

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ALEXANDRIA, Va.--(BUSINESS WIRE)--The Campaign for Liberty today delivered a coalition letter to the House of Representatives urging members to cosponsor H.R. 1207, the Federal Reserve Transparency Act of 2009. A copy also ran as a full-page color ad on A-5 of The Washington Times newspaper.

The bill, introduced by Rep. Ron Paul (R-TX), would allow for a thorough one-time audit of our nation's powerful central bank.

61 groups including many highly prominent conservative, progressive and libertarian oriented organizations signed the letter, which was delivered by fax to every House office this morning. The signatories represent millions of Americans from every walk of life and across the political spectrum.

“This letter sends a powerful message to congressional leaders on both side of the aisle: The American People want a full and public audit of the Federal Reserve,” said Campaign for Liberty senior vice president Jesse Benton. “Every member of the House of Representatives should listen to their constituents and support this critical piece of legislation.”

To view the letter, visit

H.R. 1207 currently has 134 bipartisan cosponsors, forming a broad coalition of Representatives including Rep. Tom Price (R-GA), head of the conservative Republican Study Committee, and Rep. Lynn Woolsey (D-CA), former head of the liberal Progressive Caucus. Many influential congressional leaders have also cosponsored including Rep. Spencer Bachus (R-AL), ranking member of the Financial Services Committee, and Stephanie Herseth Sandlin (D-SD), a leader of the Blue Dog Democrat coalition. H.R. 1207 is building tremendous momentum as 79 cosponsors have joined since Congress came back into session April 2.

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