What’s Wrong With Auditing The Fed? Rep. Bill Posey Grills Janet Yellen

Rep. Bill Posey (R-FL) asked Fed Chairman Janet Yellen a simple question at a recent House Financial Services Committee Hearing: Why does the Fed fear transparency? What exactly, specifically could an audit of the Fed result in that would harm the country?

Original Youtube video here.

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Dbl0Steves UTube liscence to steveECWnWWFsherwoody14ashamed of canadians astounding stupidityDaniel Ludd Recent comment authors
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Dbl0Steves UTube liscence to steve
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RON PAUL THANK YOU, THIS MAN IS DEF ONE OF THE SMARTEST REPS OUR COUNTRY HAS EVER HAD. TOO BAD THE MEDIA WOULDNT GIVE HIM COVERAGE WHEN HE WAS RUNNING FOR OFFICE.

ECWnWWF
Guest

so James Corbett is correct about the Fed

sherwoody14
Guest

The Fed is thinking that if they audit us, no one will accept our money then our economy will collapse. I think they're the most corrupt organization there is but have built themselves into the economy so strongly that to remove/audit means a lot of very big changes to our system that will ruin many people's current lifestyles.

ashamed of canadians astounding stupidity
Guest

yes… end, abolish, annihilate the criminal fed…but also…stop parroting establishment bullshit. everybody knows bin laden didn't do 9/11. mossad did. 9/11 was an Israeli operation from start to finish. just like the uss liberty was. when are Americans going to wake up and realize America is an Israeli occupied territory? The Israelis have destroyed the only constitutionally free nation on earth.

Daniel Ludd
Guest

The Queen has that gold she has sold gold wagon and south Africa diamond's to make jewelry with the fed gold you fool's she owns the federal reserve bill gate's isn't given a money printing machine by the fed but she has one

Carl Moore
Guest

real good report.

jim
Guest

Before the French revolutionaries executed the king and queen they killed all the bankers, knowing where the real problems lay

grwizy
Guest

buy bitcoin 🙂

Brett Heller
Guest

This FED thing is such a fucking Joke. No checks and balances, no accountability to anyone and the matter of fact is they run everything and everyone. How can Bernanke have the power to run the economy into the dirt. He (no matter how much he would disagree) is not GOD but does have a GOD complex. They can say OK we made a mistake at some point during some secret meeting and they can cover it up. OK back in 1913 the Government made a mistake and let the Fed be brought about so now they are dissolved. OK… Read more »

muslimsgotohell
Guest

"Like any other agency" – Is NSA, CIA, DEA and FBI audited? And how's it going?

MrStiffie123456789
Guest

I'm very, very impressed with Bill Posey in this interview and he seems to really "get" it. So I'm deeply disappointed and perplexed why he voted Yea on the new Russia sanctions 🙁

Music Artist
Guest

Absolutely nothing, I think it's the root of a lot of poison going on in this country

Bell Ringer
Guest

There is no real wealth in the fed .
Not standardized by any commodity like gold etc . It's paper wealth created to loan to national banks to then loan to you .
The debt is counted as an asset ., meaning they own you .
You are the wealth and the product .
Now get back to work ,

Martin K O'Connor
Guest

Bill Posey gives me hope not all Republicans are awful. respect Congressman x

mek1
Guest

The FED is just pure robbery by the Rothschild globalist cabal … Our constitution gives congress the responsibility for providing our money … NOT private bankers who create money out of nothing and then charge the taxpayers interest … All central banks are highway robbery!

camaro sunrise
Guest

When will this criminal banking cartel finally be abolished and prosecuted???

Jachin
Guest

buy Bitcoins!

Flat Earth Continuum
Guest

Jews of the World Unite!!!

Craig Dubal
Guest

Hahaha! Almost right after questioning starts, someone held up a notepad that said "Buy bitcoin" 😃

Laura Powers
Guest

Keep up the audit !

Robert Firestone
Guest

WE THE PEOPLE ARE HOW THEY KEEP MAKING MONEY FROM THIN AIR GO ASK FOR THE DESCRIPTION OF THE COLLATERAL AS ALL- REAL-MEN WITH HANDS AND LEGS ,AND REAL LAND IN THE USA WITH TRUST IN GOD ,THIS REAL-ESTATE IS WITH THE PUBLIC

sanibel island
Guest

Should we be surprised that we never heard of the award given to Dr. Paul?!!! @9:15

sanibel island
Guest

So disgusting!!! The CIA needs to go with the FED! @12:20

sanibel island
Guest

It's obvious the obscurity is intentional and there is no money to make it clear but there's money to plunger and murder!!! @14:40

Duane Yazie
Guest

THE JESUITS RUN ALL OF THIS SATAN. IS BEHIND everthingTAKE TIME TO LOOK AT THAT ILLUMANATI PAUL SHOULD NO THAT

Coach 2640220
Guest

The federal reserve bank has never been audited, since 1913, for over 100 years. Congress won't touch an audit with a ten foot pole.  (why's that?) (wonder why)  so….  Some real smart sleuthy type, private eye, internet detectives lift a bit of the veil.  What do they find?  We all have TDA accounts, created from bonds, created from our birth certificates, trading all over the world.  The federal reserve uses thebonds to "justify" backing their fiat money. The federal reserve loans us our own money from the TDA accounts, and launders it through mortgages, car loans, and credit card accounts.  We… Read more »

Coach 2640220
Guest

The fed has already been audited by the people. The "government" wouldn't do it, so the people did (Toto). The TDA accounts tell it all. No more auditing necessary. Either give up the regulations preventing access to TDA, or face the fraud and theft charges. The bankers are our government and they are BUSTED! No audit necessary. Just hollar the truth. FRAUD! THEFT! Hollar it from the rooftops till the fed gives up access to the TDa or comes crashing down. Either way, the public wins.

Jack Harper
Guest

Yes, end the Fed! But it will not happen until they die their natural ponzi scheme death. Then when millions are destitute and hungry they will propose their new electronic ponzi scheme so complex that nobody will be able to figure out how they are being robbed. Ultimately the people through ignorance always secure their own oppression. Maybe it will be different this time?

Das Googler
Guest

Is no one going to talk about the guy in the background who raised the "Buy Bitcoin" sign @ 2:19 Lmao, some heroes don't wear capes

Ma'Star Furious
Guest

I will not rest waking these scum from their slumber until the Fed is abolished entirely and these 13 families pay for what they have done. Anyone who thinks differently, I'll see you on the battle field of truth. Ron Paul I see clearly what they've done to you and continue to do. Know that there are others who know you for who you are. We love you and fully recognize your honorable deeds.

Ma'Star Furious
Guest

I'm all for the idea of crossing out old and placing it in the new bills. Also, to make them readable and short. No one has time to be diligent with that blunder of words. We see full and clear what they are doing. I'm glad you guys are taking the steps to stop that. I've always wondered why our laws, our legislature was allowed to be long winded and rhetorical.

Max Prophet
Guest

END THE FED!

Hold Fast
Guest

Amazing peace of work when you think about it. Bankers create  depressions then persuade the public that an entity is needed to smooth out financial ups and downs. Public money is then used to lend to banks at low rates. Some of this money goes missing but no one can audit it.  Audits do not cover "most of the Fed's monetary policy actions or decisions, including discount window lending (direct loans to financial institutions), open-market operations and any other transactions made under the direction of the Federal Open Market Committee" …[nor may the GAO audit] "dealings with foreign governments and other… Read more »

V D
Guest

I support his bill policies mentioned, they're common sense.

Bi Partisan-Ga
Guest

Give me the ability to print money and keep what I do secret, I will build you a secret army. I could make the economy do what I wish. If I like the current president I make the economy grow !!! All the world is a stage! You will have a war, the dead don't complain, you will not end the fed!

sinclear savior
Guest

nothing wrong with auditing the Fed and the sooner the better.

Jamal Yusuf Ali Bey
Guest

The Constitution authorized only Gold and Silver as lawful money, but the shadow government and deep state authorizes fiat currency federal Zionist debt bank notes as "Legal Tender" for all debts private and public 🤔🤔🤔

Jamal Yusuf Ali Bey
Guest

This is why Kennedy tried to eliminate the Federal Reserve Bank and CIA, but they murdered him "assisination" before he could act on his policies especially De escalating the Vietnam Conflict which Johnson and later Nixon turned I to a war.

Jamal Yusuf Ali Bey
Guest

The secretary of treasury receives No pay ???🤔 now explain that ~