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.
--Dean Baker
