A guest post by Tim White. –GC
Writing for OpenCongress.org, Donny Shaw describes H.R. 1207 – Audit the Fed! (a bill introduced by Ron Paul – Populist, TX). He explains that the bill (introduced on Feb 26, 2009) is quickly gaining cosponsors* and:
is strongly bipartisan. It includes progressive Democrats like Rep. Alan Grayson [D, FL-8] and Rep. Henry Waxman [D, CA-30], Blue Dogs like Rep. Gene Taylor [D, MS-4] and Rep. Collin Peterson [D, MN-7], and conservatives like Rep. Michele Bachmann [R, MN-6] and Rep. Scott Garrett [R, NJ-5].
Shaw continues by mentioning the Senate counterpart to Mr. Paul’s bill:
“The contrast is pretty clear,” says Sen. Bernard Sanders [I, VT], who is sponsoring the Senate version (S.604), “if you want to know who received the money under TARP, go to the website, it’s there. If you want to know who received the money from the Fed, it ain’t there.”
S. 604 was introduced on March 16 and referred to the Committee on Banking, Housing, and Urban Affairs. Coincidentally, our own Senator Chris Dodd chairs the Banking Committee.
Here you can see Senator Sanders in his own words describing the importance of his bill:
Senator Sanders (Populist, VT) knows that transparency is important. Transparency is necessary to ensure good government.
As Banking Chairman, does Senator Dodd support transparency and good government? Or in the case of S. 604, will Senator Dodd be opposing transparency and opposing good government? Is Senator Dodd a Populist? Or is Senator Dodd a member of The Political Class?