That's what the NYT says about a bill to require the Government Accountability Office to audit the Federal Reserve Board. Of course, since the Republicans are the minority party in the House, they don't have 250 members.
This mistake is important, because the bill is not just supported by people who view an increase in the Fed's powers: "as an expansion of big government by unelected officials." In fact, the bill is backed by many progressive Democrats who view the Fed as being too close to Wall Street financial interests.
Unlike many news organizations, the Prospect has remained staunchly committed to keeping our journalism free and accessible to all. We believe that independent journalism is crucial for a functioning democracy—but quality reporting comes at a cost.
This year, we’re aiming to raise $75,000 to continue delivering the hard-hitting investigative journalism you’ve come to expect from us. Your support helps us maintain our independence and dig deeper into the stories that matter most.
If you value our reporting, please consider making a contribution today. Any amount helps secure our future and ensure we can continue holding power to account.
