Cruz Backs Paul’s Strategy for Audit the Fed Vote

by Niels Lesniewski, Roll Call
November 13, 2013

Sen. Ted Cruz announced Wednesday that he is backing an effort by fellow Republican Rand Paul of Kentucky to get a vote on auditing the Federal Reserve as a condition for considering the nomination of Janet L. Yellen to be chairwoman of the Fed.

“I agree with Rand Paul: before the Senate votes on whether to confirm Janet Yellen, we should at the very least allow a vote on the Audit the Fed bill,” the Texas Republican said in a statement. “The Federal Reserve has expanded our money supply by trillions, benefiting Wall Street but making life harder for millions of Americans struggling to make ends meet.”

Paul and Cruz cannot block Yellen’s confirmation because Senate supporters could work around them with a cloture vote to limit debate and avert a possible filibuster.

However, if the senators could rally support within the Senate Republican Conference, they could get the vote on the Federal Reserve audit as a condition for moving the nomination forward.

It isn’t clear yet what the appetite among the Senate GOP (as well as supporters of the audit within the Democratic caucus) would be for such a move.

4 Comments - what are your thoughts?

  • disqus_Ed8LYkU7q2 says:

    The Blood of TYRANTS!

  • JONDO says:

    Getting kind of tired of watching Cruz, Paul and Lee trying to do something While McCain and McConnell and there cronies keep holding them back.Time to get rid of these traitors

  • modernminuteman says:

    It is obviously the Tea Party that is showing leadership in congress and the GOP would be very wise to join them instead of fighting them unless they are on the same side as Obama and the progressives.

    1. Gnowark says:

      I’d say their sucking up to executive branch, undermining their juniors, and general RINO tactics (i.e. demeaning conservatives as “wacko-birds”) means you can safely remove the “unless.”

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