Tag Archives: audit

Federal Reserve Audit Reveals Secret Bailouts

The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the … Continue reading

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Congressman Broun Picks Up Ron Paul’s Demand for Fed Audit

retirement from Congress doesn’t mean Federal Reserve officials can rest any easier. Rep. Paul Broun, R-Ga., is moving rapidly to assume the Texas Republican’s mantle, pressuring lawmakers to get a tighter grip on the central bank. Broun has replaced Paul … Continue reading

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PA Turnpike Audit Turns Up Bad News

The Pennsylvania Turnpike Commission lost at least $109 million in risky interest investment moves, Auditor General Jack Wagner says. The state’s fiscal watchdog said Tuesday the loss of taxpayer money in risky interest rate swap arrangements was only one part … Continue reading

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