Ron Paul may not be in Congress anymore, but his “Audit the Fed” bill lives on after him.
House Republican leaders scheduled a vote on the legislation for sometime in the next week, as one of a series of pre-election bills designed to highlight lawmakers’ stances just before they go home to face voters.
Mr. Paul made the bill one of his causes, and after years of trying finally pushed it through the House in 2012 on an overwhelming 327-98 vote. But Senate Majority Leader Harry Reid, who had previously said he supported an audit of the Federal Reserve, reversed himself.
“If Harry Reid refuses to hold the vote before the Senate leaves town, you can help us make sure the American people hear about it all the way until Election Day and build so much pressure by the time Congress returns, the Senate will be forced to act in the Lame Duck,” Mr. Paul said in an email to supporters from his advocacy group, Campaign For Liberty.