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:
“Q: Have you made personal sacrifices for the sake of your career?
A: Leaving a three-month-old infant in another person’s house for nine hours, five days a week is a personal sacrifice.”
—Alice Cort (20th century)
“In my Father’s house are many mansions.”
—Bible: New Testament Jesus, in John, 14:2.
“In Tsegihi,
In the house made of dawn,
In the house made of the evening twilight,
In the house made of the dark cloud, ...
Oh, male divinity!
With your moccasins of dark cloud, come to us.”
—Administration in the State of Ariz, U.S. public relief program (1935-1943)