Cruz: Bring Transparency to the Federal Reserve, Vote to Audit the Fed

WASHINGTON, DC -- U.S. Senator Ted Cruz (R-Texas) released the following statement in advance of Janet Yellen's Thursday hearing before the Senate Banking Committee:

"I agree with Rand Paul:  before the Senate votes on whether to confirm Janet Yellen, we should at the very least allow a vote on the Audit the Fed bill. The Federal Reserve has expanded our money supply by trillions, benefitting Wall Street but making life harder for millions of Americans struggling to make ends meet. Never-ending quantitative easing threatens to undermine the dollar and to drive up prices on everyday goods from food to gasoline to the basic necessities of life. We need to bring transparency to the Fed, so the American people can understand the scope and consequences of its policies."

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