Federal Reserve "audits" omit everything interesting. I want an audit with teeth, that audits the things that Americans should be interested in: the activities

Federal Reserve "audits" omit everything interesting. I want an audit with teeth, that audits the things that Americans should be interested in: the activities of their central bank and their motivations. I want an audit that doesn't require the explicit permission of the subject of the audit. In 2010, Ron Paul introduced a bill with simple text. In part: Subsection (b) of section 714 of title 31, United States Code, is amended by striking all after “shall audit an agency” and inserting a period. The area of law that would be modified by his bill: (b) Under regulations of the Comptroller General, the Comptroller General shall audit an agency, but may carry out an onsite examination of an open insured bank or bank holding company only if the appropriate agency has consented in writing. Audits of the Board and Federal reserve banks may not include- (1) transactions for or with a foreign central bank, government of a foreign country, or nonprivate international financing organization; (2) deliberations, decisions, or actions on monetary policy matters, including discount window operations, reserves of member banks, securities credit, interest on deposits, and open market operations; (3) transactions made under the direction of the Federal Open Market Committee; or (4) a part of a discussion or communication among or between members of the Board and officers and employees of the Federal Reserve System related to clauses (1)–(3) of this subsection. edit: formatting.