Two Senators have unveiled a new bill that would have the Government Accountability Office (GAO) audit the Federal Reserve’s emergency lending programs that were built to support the federal stimulus efforts, a plan that Texas Representative Ron Paul had already introduced several months ago and currently enjoys more than 300 sponsors and investigates the Federal [...]
In a speech to a national audience Wednesday evening, President George W. Bush argued the economy is in serious danger and federal government intervention may be required to prevent the country from slipping into major panic.