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:
“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)
“What is the use of a house if you have n’t got a tolerable planet to put it on?—if you cannot tolerate the planet it is on?”
—Henry David Thoreau (1817–1862)
“As far as I can see, this autumn haze
That spreading in the evening air both ways
Makes the new moon look anything but new
And pours the elm-tree meadow full of blue,
Is all the smoke from one poor house alone....”
—Robert Frost (1874–1963)