House
Representative Paul introduced the bill to the U.S. House of Representatives of the 111th Congress on February 26, 2009, at which point it was referred to the Committee on Financial Services. Its 11 original cosponsors were Neil Abercrombie (D-HI), Michele Bachmann (R-MN), Roscoe Bartlett (R-MD), Paul Broun (R-GA), Dan Burton (R-IN), Walter B. Jones (R-NC), Steve Kagen (D-WI), Ted Poe (R-TX), Bill Posey (R-FL), Denny Rehberg (R-MT), and Lynn Woolsey (D-CA).
He immediately promoted the bill at the annual Conservative Political Action Conference (CPAC) on February 27. Paul charges the Federal Open Market Committee with being "less than transparent" with its secret meetings. In an April 2009 editorial, Paul thanked the Fed for its responsive attempt to enhance transparency and accountability, but called it "window dressing at best, and it's utterly useless at worst".
Read more about this topic: Federal Reserve Transparency Act
Famous quotes containing the word house:
“The mortgage is still in our name but, increasingly, the house is theirs. One diaper, one vote.”
—Fred G. Gosman (20th century)
“A serious house on serious earth it is,
In whose blent air all our compulsions meet,
Are recognised, and robed as destinies,
And that much never can be obsolete,”
—Philip Larkin (1922–1985)
““... It’s a day’s work
To empty one house of all household goods
And fill another with ‘em fifteen miles away,
Although you do no more than dump them down.””
—Robert Frost (1874–1963)