House committee backs Fed audit bill


US politicians revealed the extent of their ire at the Federal Reserve on Thursday, voting to back lawmaker Ron Paul's proposal for greater scrutiny of the central bank despite chairman Ben Bernanke's lobbying efforts.

The House Financial Services Committee voted 43-26 in favour of Paul's amendment to committee chairman Barney Frank's financial stability bill. However Frank attempted to scupper the amendment's inclusion by delaying the vote whether the bill should be put to the House until after

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