The Washington establishment suffers a serious defeat
Posted on: November 23, 2009No comments yet
Something quite amazing happened yesterday in Congress: the House Finance Committee — in a truly bipartisan and even trans-ideological vote — defied the banking industry, the Federal Reserve, the Democratic leadership, and mainstream Beltway opinion in order to pass an amendment, sponsored by GOP Rep. Ron Paul and Democratic Rep. Alan Grayson, mandating a genuine and probing audit of the Fed. The Huffington Post’s Ryan Grim has the best account of what took place, noting:
