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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: neolib who wrote (247647)5/11/2010 5:54:04 PM
From: Peter VRead Replies (1) of 306849
 
anybody notice that the Senate voted 96-0 for the GAO to audit the Fed's emergency actions? We'll see if that amendment makes it to the final bill. And the GAO is not exactly the watchdog agency I had in mind. But it's a start.

bloomberg.com

The currency swaps would be subject to a congressional audit under an amendment adopted by the Senate today on financial legislation. The chamber voted 96-0 for the proposal offered by Senator Bernard Sanders, a Vermont independent, to allow the Government Accountability Office to conduct a one-time audit of every Fed emergency action since December 2007.
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