HOUSE RESOLUTION NO. 31

BY  MASSIE, PEARSON, SHAW, MOORE, KOESTER, IVERSON, HAGER, ALONS, KAUFMANN, GRASSLEY, LUKAN, UPMEYER, ARNOLD, BRANDENBURG, PAULSEN, HORBACH, ANDERSON, and FRY

A Resolution calling for audit reform and transparency of the Federal Reserve.

   WHEREAS, honest stewardship of the public money and credit is essential to preserve public confidence in America’s monetary system; and
   WHEREAS, a transparent government governs best, and a transparent monetary system is essential to a stable, sustainable economy that avoids squandering resources; and
   WHEREAS, by promoting open and transparent government, an audit of the Federal Reserve by the Government Accountability Office will promote trust in government and bring accountability to the Federal Reserve; NOW THEREFORE,

   BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES, That the House of Representatives calls upon Congress to enact appropriate legislation to require a full and complete audit of the Federal Reserve, and that the results be immediately provided to Congress and the people of the United States of America; and

   BE IT FURTHER RESOLVED, That the Chief Clerk of the House of Representatives is directed to forward a copy of this resolution to Iowa’s congressional delegation.