Fed could win fight on monetary policy audit: reports

Capitol Hill

The Federal Reserve could be poised to win the battle to avoid opening its monetary policy deliberations to a government audit, reports indicated.

Reuters, a newswire, reported on Tuesday night that Democrats in Congress's lower house had signalled they were willing to accept a narrower version of the Fed audit that exempts monetary policy decisions, as approved by the Senate.

However, in an offer put forth on Tuesday, Barney Frank, the chairman of the House Financial Services Committee, called

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: