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Rogers to Yellen: Audit the Fed

Congressman Mike Rogers sent a letter last week to Janet Yellen, the new Chair of the Federal Reserve.

The letter states, “During your confirmation, you noted that the Federal Reserve has been a steadfast steward of our nation’s monetary policy. I urge you to share that record with the American public by opening the books and allowing the U.S. Comptroller General, an independent entity, to fully audit all actions. So much of what the Federal Reserve does is designed to bring certainty and stability to our economy. I cannot think of a better way to add to that certainty than cutting through the cloak of secrecy to ensure openness through auditing.”

Rogers is a supporter of H.R. 24 which has over 180 cosponsors and would provide authority for the U.S. Comptroller General to fully audit the Federal Reserve. “I urge Janet Yellen to listen to the consistent message from Congress and the American people and audit the Fed,” Rogers said.

Rogers serves as Chairman of the Strategic Forces subcommittee on the Armed Services Committee and is a senior member of the Homeland Security and Agriculture committees.

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